EURUSD approaching support, watch for potential bounce!

١١ سبتمبر ٢٠١٨

EURUSD is approaching our first support at 1.1528 (horizontal overlap support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce m might occur above this level pushing price up to our major resistance at 1.1653 (horizontal overlap resistance, 61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement).
RSI (89) is also approaching support and a bounce off this level might see a corresponding rise in price.
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