EURUSD Daily Key Elements
EURUSD major levels of resistance:
1.0850 (Fibonacci retracement, horizontal pullback resistance, bearish candlestick rejection level)
EURUSD major levels of support:
1.0435 (Long term Fibonacci projection, horizontal support)
1.0350 (Fibonacci projection, bullish candlestick reversal)
EURUSD technical indicators:
Stochastic (21,5,3) is seeing major support at the 3.75% level where we have seen price bounce off correspondingly multiple time in the past and has good upside potential still after the recent bounce.
1.0850 (Fibonacci retracement, horizontal pullback resistance, bearish candlestick rejection level)
EURUSD major levels of support:
1.0435 (Long term Fibonacci projection, horizontal support)
1.0350 (Fibonacci projection, bullish candlestick reversal)
EURUSD technical indicators:
Stochastic (21,5,3) is seeing major support at the 3.75% level where we have seen price bounce off correspondingly multiple time in the past and has good upside potential still after the recent bounce.
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