Retracement in EURUSD
Since the start of the week, EURUSD has been in a pullback phase following the U.S. elections.
Yesterday, it reached the 38.2% Fibonacci retracement level and held at that area.
The next key resistance is the previous high at 1,0610, with the 61.8% retracement level located at 1,0705.
Keep an eye on price reactions at these levels for potential new entry opportunities.
Yesterday, it reached the 38.2% Fibonacci retracement level and held at that area.
The next key resistance is the previous high at 1,0610, with the 61.8% retracement level located at 1,0705.
Keep an eye on price reactions at these levels for potential new entry opportunities.
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.