EURUSD Approaching Support, Potential Bounce!

2018年8月10日

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). \u2028\u2028RSI (55) sees bullish divergence vs price signaling that a bounce is impending. \u2028\u2028Trading CFDs on margin carries high risk. \u2028Losses can exceed the initial investment so please ensure you fully understand the risks.