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24.10.201904:47 Forex Analysis & Reviews: EUR/USD bouncing off nicely off first support, potential for further upside!

Entry: 1.11079

Why is it good: Horizontal pullback support, 23.6% fibonacci retracement, 100% fibonacci extension

Stop Loss: 1.10626

Why is it good: Horizontal pullback support, 38.2% fibonacci retracement

Take Profit: 1.11671

Why is it good: horizontal overlap resistance, 78.6% fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Analytical expert of InstaForex
© 2007-2021
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