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FX.co ★ EUR/USD look to buy on weakness

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Forex Analysis:::2017-03-09T14:52:02

EUR/USD look to buy on weakness

We look to buy once more at 1.0525 support (horizontal support, Fibonacci retracement) for a push up to 1.0629 resistance (Fibonacci retracement, horizontal resistance).

Stochastic (55,5,3) is seeing strong support above the 6% level where we hope to see a bounce from.

Buy above 1.0525. Stop loss is at 1.0488. Take profit is at 1.0629.

EUR/USD look to buy on weakness

Analyst InstaForex
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