FibnFork

EURUSD turning point?

FX:EURUSD   Euro / U.S. Dollar
An incredible run in the eurusd from the beginning of 2017 has lead us to the key 1.25 handle. Has it run out of steam in this zone?
We have the trend line starting at the 08 peak, the .382 fib retrace (08-17) & the .618 retrace off (2014-2017)
Some weekly RSI divergence and a potential 5th wave count could see a reversal or will we pop through the resistance zone to make a run at 1.3?
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.