Price is approaching its support where it could potentially bounce up to its resistance at 108.161
Entry : 107.492
Why it's good : 61.8% Fibonacci extension
Take Profit : 108.161
Why it's good : 50% Fibonacci retracement, horizontal pullback resistance, 61.8% Fibonacci extension
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.