Euro / DollaroShort
EUR/USD
Hello everyone,
A good opportunity has been detected on the EUR/USD pair.
After strong upward movement on the EUR/USD, the price
found resistance on a 123.6% Fibonacci extension level,
pulled back and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.1865
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average and
the 100 Moving Average.
A good opportunity has been detected on the EUR/USD pair.
After strong upward movement on the EUR/USD, the price
found resistance on a 123.6% Fibonacci extension level,
pulled back and is currently correcting to the downside.
We are expecting the price to reach approximately the 1.1865
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average and
the 100 Moving Average.
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