EURUSD short view
Updated
The growth of EURUSD has stopped in the previous two days. We see a pullback from the 1.05000 level. Our target is the 1.02000 level of support, a place where we could see a retest of the upper line of the previous bullish channel. A break below could take us below the 1.00000 level. 1.02000 matches the 38.2% Fibonacci level, while 1.00000 matches the 61.8% Fibonacci level.
Note
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