Price is facing bullish pressure from our 1st support, where we could see a bounce above this level. 1st support happens to be the 38% fib retracement lines up with the horizontal overlap support. Ichimoku is also suggesting a possible bounce.
Trading Recommendation
Entry: 1.1835
Reason for Entry:
38% fib retracement
Take Profit :1.1865
Reason for Take Profit: Horizontal swing high
Stop Loss: 1.1820
Reason for Stop loss:
61.8% fib retracement, 61.8% fib extension