FX.co ★ EUR/USD bouncing off support, potential for further rise!

Trading Recommendation

Entry: 1.10785

Reason for Entry: horizontal swing low support, 61.8% fibonacci retracement

Take Profit : 1.12465

Reason for Take Profit:

78.6% Fibonacci retracement, 78.6% Fibonacci extension, horizontal swing high resistance

Stop Loss: 1.10700

Reason for Stop loss:

horizontal swing low support, 78.6% Fibonacci retracement