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Euro / Dollaro
Long

EURUSD approaching support, potential for a bounce!

Di ICmarkets
Broker
EURUSD is approaching its support at 1.2284 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, multiple swing low support) where could potentially bounce and rise to is 1st resistance at 1.2381 (5% Fibonacci retracement, horizontal overlap resistance). If it surpasses this level, it could rise to its 2nd resistance at 1.2436 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 1.2225 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, horizontal overlap support).

Stochastic (89, 5, 3) is approaching its support at 1.81% where a corresponding bounce could occur.
Bitcoin (Cryptocurrency)Chart PatternsEUREURUSDeurusdlongeurusdshortForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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