FX.co - EUR/USD approaching support, potential bounce!

2020-02-05T09:53:25

Relevance until2020-02-06

Trading Recommendation

Entry:1.09870

Reason for Entry: 127.2% fibonacci extension

Take Profit : 1.11180

Reason for Take Profit: Horizontal swing high resistance, 61.8% fibonacci retracement

Stop Loss: 1.09184

Reason for Stop loss: 168.1% fibonacci extension

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ EUR/USD approaching support, potential bounce!