EURUSD is approaching horizontal swing low support in line with 127.2% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal pullback resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci 61.8%extension. If prices continue to push downwards, prices might bounce from 161.8% Fibonacci retracement and 100% Fibonacci extension . Stochastics is also approaching the 7.99 level, potential for a bounce.
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Lovely setup, thanks for sharing! Have a look at ours
juliefa
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already touched to mama ema200 , started to retrace. close order for long and take profit now, and start short is the action. the bear trend stand still.