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EUR/USD remains bullish for a rebound — Forex Stock Trade

EUR/USD remains bullish for a rebound

The price has continued to decline and we are looking to buy above major support at 1.1747 (Fibonacci retracement, horizontal overlap support) for a push up to at least 1.1878 resistance (Several retracements Fibonacci, horizontal overlap of the resistance of Fibonacci extension).

Stochastic (89,5,3), it is to see a major support to the above of 1.1% in the case where we expect a rebound.

Buy above 1.1747. Stop loss is at 1.1709. Take profit is at 1.1878.

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