EUR/USD approaching support, prepare for a bounce

EUR/USD is approaching its support at 1.1358 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.1406 (38.2% Fibonacci retracement, horizontal pullback resistance).

Stochastic (89, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.

EUR/USD is approaching its support where we expect to see a bounce.

Buy above 1.1358. Stop loss at 1.1326. Take profit at 1.1406.

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