Key levels on EURUSD
EURUSD rebounded from the 1,1200 level and has started a pullback.
The key support levels to watch are 1,1040 and 1,0939.
These are the 38.2% and 61.8% Fibonacci retracement levels of the latest upward move.
Be on the lookout for potential rejections at these levels for buying opportunities.
Additionally, USD news later today could trigger further volatility.
At the current price, there are no viable entry points.
The key support levels to watch are 1,1040 and 1,0939.
These are the 38.2% and 61.8% Fibonacci retracement levels of the latest upward move.
Be on the lookout for potential rejections at these levels for buying opportunities.
Additionally, USD news later today could trigger further volatility.
At the current price, there are no viable entry points.
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