Price is approaching our first support at 1.09994 where we are expecting a bounce above this level to our first resistance at 1.10654
Entry: 1.09994
78.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support
Take Profit : 1.10654
Why it's good : 23.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance
The material has been provided by InstaForex Company - www.instaforex.com