Near the very key 0.618 level, looking for bounce
Updated
Since EURUSD is trading near the 0.618 level, I expect consolidation and bounce in short term. We do not have a good R:R ratio to continuously short from the current price level. Bears are likely to close their positions.
Key support: 0.96
Key resistance: 1.05
Key support: 0.96
Key resistance: 1.05
Trade closed: target reached
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