EURUSD: Falling Towards Overlap Support Time To Buy
Price is falling towards the overlap support zone which also aligns with the 61.8% Fibonacci retracement.
As you can see, the Stochastic indicator is also in the oversold territory.
I believe we might see a bounce from this support zone to the resistance level which also lines up with the 78.6% Fibonacci retracement level.
As you can see, the Stochastic indicator is also in the oversold territory.
I believe we might see a bounce from this support zone to the resistance level which also lines up with the 78.6% Fibonacci retracement level.
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