Euro / U.S. DollarShort
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
entered a downward channel. The price after
forming consecutive lower lows and lower highs, has recently
found resistance on the downward trendline.
We are expecting the price to reach approximately the 1.1100
price level, which is also a major psychological support level,
where we have a 61.8% Fibonacci retracement level and the
return line.
A good opportunity has been detected on the EUR/USD pair.
After strong upward movement on the EUR/USD, the price
entered a downward channel. The price after
forming consecutive lower lows and lower highs, has recently
found resistance on the downward trendline.
We are expecting the price to reach approximately the 1.1100
price level, which is also a major psychological support level,
where we have a 61.8% Fibonacci retracement level and the
return line.
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