Nice idea on EURUSD and there may be bullish bias as you have identified. The two supports that we have identified are at 1.1306 and 1.1234 respectively. Currently, price is approaching our second support at 1.1234. There is a 100% Fibonacci extension at this level. Stochastic is approaching its support where a corresponding bounce could occur. If a bounce does occur, we may want to look at the 1.1397 resistance level. It is a horizontal pullback resistance, with 50% Fibonacci retracement. Looking forward to seeing how things develop.
Please have a look at our idea and share with us what you think.
Please have a look at our idea and share with us what you think.