EUR/USD approaching support, potential bounce!

Price is approaching our first support at 1.09994 where we are expecting a bounce to our first resistance level at 1.10944

Entry: 1.09994

78.6% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support

Take Profit : 1.10944

Why it's good : horizontal swing high resistance, 100% fibonacci extension, 50% fibonacci retracement

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