EURUSD is approaching our first support at 1.352 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce above our support to our major resistance at 1.1440 (horizontal pullback resistance, 61.8%, 76.4% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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