EURUSD approaching support, potential bounce!

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EURUSD is approaching our first support at 1.1618 (horizontal swing low support, 61.8% Fibonacci retracement) and a strong bounce might occur below this level pushing price up to our major resistance at 1.1745 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching support where we might see a corresponding rise in price should it bounce off this level.
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