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FX.co ★ EUR/USD remain bullish

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Forex Analysis:::2017-12-07T02:30:44

EUR/USD remain bullish

The price is testing our buying support level. We remain bullish above 1.1805 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to at least 1.1928 resistance (Fibonacci retracement, Fibonacci extension, horizontal swing high resistance).

Stochastic (34,3,1) is bouncing nicely off our 3.2% support and has good upside potential.

Buy above 1.1805. Stop loss is at 1.1749. Take profit is at 1.1928.

EUR/USD remain bullish

Analyst InstaForex
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