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Euro / U.S. Dollar
Short

EURUSD Retracement

97
EURUSD Retracement , price broke the previous higher high meaning that the overall trend is bullish but before price can continue above it might happen to retrace otherwise price will just consolidate before it can continue upwards. We are looking for price to retrace to the area of 1.08745 , and that area is the 68% retracement area on the Fibonacci when inserted on my chart.

WHAT DO YOU THINK ?
Samuel_M
Chart PatternsEURUSDTechnical IndicatorsmarketstructureSELLTrend Analysis

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.
Chart PatternsEURUSDTechnical IndicatorsmarketstructureSELLTrend Analysis
Samuel_M

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.