EUR/USD remain bullish for a further bounce

The price has reached our buying area and is testing it. We remain bullish looking to buy on major support at 1.1747 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a bounce up to at least 1.1855 resistance (Fibonacci retracement, horizontal swing high resistance).

Stochastic (34,3,1) is seeing major support at 1.1% and bouncing up nicely from it.

Buy above 1.1747. Stop loss is at 1.1708. Take profit is at 1.1855.

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