EURUSD Approaching Support, Potential Bounce!
EURUSD is approaching its support at 1.1607 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.1672 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 2.8% where a corresponding bounce could occur.
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