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EURUSD approaching major support, watch for a potential bounce!

Long
Euro / Dollaro (FX:EURUSD)  
easyMarkets Broker  
FX:EURUSD   Euro / Dollaro
Trend Analysis Harmonic Patterns Chart Patterns EURUSD EUR USD Forex forexsignals GBP aud CAD jpy
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trendanalysis harmonicpatterns chartpattern eurusd eur usd forex forexsignals gbp aud cad jpy
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).

RSI (55) sees bullish divergence vs price signalling that a bounce is impending.

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