Euro / U.S. Dollar

EURUSD correction

137
EURUSD has reached 1,0730 before to start a correction.

The levels around 1,0800 are the first resistance.

The market closed there last Friday and there is also 38,2 Fibo of the impulse drop.

Keep an eye on these levels for pullback and possible test of the yesterday’s low.

Bear in mind that FED’s interest rates announcement is coming tomorrow and significant fluctuations are expected.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.