MEX_Exchange
Panjang

EURUSD approaching support, remain bullish

FX:EURUSD   Fx Euro/Dolar U.S.
Buy above 1.1805. Stop loss at 1.1705. Take profit at 1.1963.
Reason for the trading strategy (technically):
We remain bullish looking to buy on dips above 1.1805 support ( Fibonacci retracement , Fibonacci extension , horizontal overlap support) for a push up to at least 1.1963 resistance ( Fibonacci retracement , Fibonacci extension , horizontal swing high resistance).
Stochastic (34,3,1) is bouncing nicely off our 3.2% support and has good upside potential.
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