EURUSD is currently sitting on a monthly/weekly support zone and has received a price rejection on that zone. we are likely to experience a bullish run up to 1.08000 which is equivalent to 0.382 on Fibonacci retracement level. on the daily chart we already have a bullish order block formation, we expect the bulls to lead the way to mitigate the order block at 1.08000 zone.
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.