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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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EURUSD bounced off support, potential for further upside!

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Trading Recommendation

Entry: 1.07758

Reason for Entry: Horizontal swing low support, 78.6% fibonacci retracement and 61.8% fibonacci extension

Take Profit :1.08923

Reason for Take Profit: horizontal overlap resistance, 50% fibonacci retracement

Stop Loss: 1.07374

Reason for Stop loss: Horizontal swing low support

The material has been provided by InstaForex Company - www.instaforex.com