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Klimex

EURUSD Bounced Off Support, Prepare For A Further Rise

Long
Euro / U.S. Dollar (FX:EURUSD)  
Klimex  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EUR USD EURUSD forextrading forexsignals forexanalysis
45
0
trendanalysis harmonicpatterns chartpattern eur usd eurusd forextrading forexsignals forexanalysis
EURUSD bounced nicely off its support at 1.14499 (76.4% Fibonacci retracement , horizontal swing overlap support, 61.8% Fibonacci extension ) where it could potentially bounce to its resistance at 1.1503 (61.8% Fibonacci retracement , 76.4% Fibonacci retracement , horizontal swing high resistance).
Stochastic (34, 5, 3) is bounced off its support where a corresponding rise could occur.

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