🔥EURUSD looks bullish! EURUSD reached a massive support level of 1.0450, where the 50-period moving average goes through and also lines up with the 50% fib level. Thus, we expect a reverse to 1.04800 and 1.05150. ❗However, if the price breaks through the support, it will move to 1.03993.
US100 is bouncing off the cross point of the 50 and 100 period moving averages. Consider buying the index here. Targets: 12100, 12250.
Price is showing some rejections on the 61% fib-level. If price breaks and closes below the level,the next target for gold is 1785-1779.