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Expert In



EUR/USD approaching support, potential bounce!


EURUSD is approaching our first support at 1.1164 where we might be seeing a bounce above this level.

Entry: 1.1164

Why it's good : Horizontal overlap support, 100%, 61.8% Fibonacci extension, 38.2% Fibonacci retracement

Stop Loss : 1.1114

Why it's good : horizontal overlap support, 61.8% fibonacci retracement, 100% Fibonacci extension

Take Profit : 1.1234

Why it's good: horizontal swing high resistance


The material has been provided by InstaForex Company -