AzingeCapital

Look for $EURUSD to break support

FX:EURUSD   Euro / U.S. Dollar
According to Fibonacci levels from its most recent move down on the 1 hour chart. 1.5311 is a support level. Looking at price action, it seems to have found support there. Expect a bounce up from this level.
The major support level to really look out for is 1.0518, price has continually bounced off from this level and is also a Fib Line from the November Swing Highs to the January Swing Low.

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