EURUSD: May the bulls be ever in your favor
Hi traders,
On the EURUSD we had a nice impulsive move on starting on Wednesday, where we finally broke the downwards spiral. It looks like we have created a nice ABC pattern. We are very close to hitting the 161.8% Fibonacci extension of that move, which often causes a reversal. This area lines up with the 50% Fibonacci extension of the upwards move.
Target is still at the 1.07000.
Good luck traders!
On the EURUSD we had a nice impulsive move on starting on Wednesday, where we finally broke the downwards spiral. It looks like we have created a nice ABC pattern. We are very close to hitting the 161.8% Fibonacci extension of that move, which often causes a reversal. This area lines up with the 50% Fibonacci extension of the upwards move.
Target is still at the 1.07000.
Good luck traders!
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.