Yesterday, EURUSD broke above the previous high and reached 1,1146.
To identify potential targets in a continuing trend, we use Fibonacci extensions.
EURUSD hit the first target (61.8%) yesterday and bounced off from there.
The next resistance levels are around the previous highs at 1,1178. If that level breaks, the next target would be 1,1328.
At the current levels, it's important not to take excessive risk - consider reducing position size and only entering trades with a solid setup!
To identify potential targets in a continuing trend, we use Fibonacci extensions.
EURUSD hit the first target (61.8%) yesterday and bounced off from there.
The next resistance levels are around the previous highs at 1,1178. If that level breaks, the next target would be 1,1328.
At the current levels, it's important not to take excessive risk - consider reducing position size and only entering trades with a solid setup!
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✅ JOIN FREE TELEGRAM: 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
❓ 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.