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Euro / U.S. Dollar
Long

EURUSD Approaching Support, Potential Bounce!

By ICmarkets
Broker
EURUSD is approaching its support at 1.1635 (61.8% Fibonacci extension, 61.8% Fibonacci retracement x2, horizontal swing low support) where it could rise to its resistance at 1.1745 (76.4% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 2.7% where a corresponding bounce could occur.
Chart PatternsEUREURUSDeurusdlongForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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