EURUSD: The bigger picture
Updated
Hi traders,
The EURUSD has been bullish for quite some time now. Here is the bigger view. We are almost touching the 38.2% and the 50% Fibonacci of the bigger moves. This is also a previous structure area, as we should expect from these Fibonacci retracements.
Cheers
The EURUSD has been bullish for quite some time now. Here is the bigger view. We are almost touching the 38.2% and the 50% Fibonacci of the bigger moves. This is also a previous structure area, as we should expect from these Fibonacci retracements.
Cheers
Note
We hit the 50% Fibonacci retracement. Let's see what happens.Note
Nice reaction so far.Trade closed: target reached
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