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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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EUR/USD approaching support, potential for strong bounce!

EURUSD is approaching our first support where we are expecting a strong bounce above this level.

Entry: 1.10255

50% Fibonacci retracement, 61.8% Fibonacci extension

Take Profit : 1.11014

Why it's good : 50% Fibonacci retracement

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The material has been provided by InstaForex Company - www.instaforex.com