EURUSD short view to 50,0% Fibonacci
Updated
Last night EURUSD formed a new higher high at the 1.00000 level. During the Asian trading session, we see the Euro weaken and make pullback below the 61.8% Fibonacci level. Now we already see a break below, and the pair EURUSD could go down to 0.985000, at 50.0% Fibonacci. There, we could find a more concrete support zone for a new bullish impulse. Now our goal is to form a new higher low and continue the bullish scenario that started last week.
Trade closed: target reached
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