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Tickmill
Aug 10, 2018 3:30 AM

EURUSD Approaching Support, Potential Bounce! Long

Euro Fx/U.S. DollarFXCM

Description


EURUSD is approaching major support at 1.1493 ( Fibonacci extension , major swing low support, bullish divergence ) and a strong bounce could occur at this level to push prices all the way up to major resistance at 1.1560 ( Fibonacci extension , horizontal pullback resistance). \u2028\u2028RSI (55) sees bullish divergence vs price signaling that a bounce is impending. \u2028\u2028Trading CFDs on margin carries high risk. \u2028Losses can exceed the initial investment so please ensure you fully understand the risks. 
Comments
lestaire
Amazing precision!
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