EURUSD to turnaround?

10月16日

EURUSD - 24H EXPIRY

Trades at the lowest level in 48 days.
Bespoke support is located at 1.0875.
We have a 78.6% Fibonacci pullback level of 1.0870 from 1.0778 to 1.1202.
Selling posted in Asia.
Dip buying offers good risk/reward.
The medium term bias is neutral.

We look to Buy at 1.0875 (stop at 1.0825)
Our profit targets will be 1.1037 and 1.1050

Resistance: 1.1008 / 1.1038 / 1.1050
Support: 1.0875 / 1.0870 / 1.0775

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