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inderjeetsunia
Apr 13, 2023 4:13 AM

Eurusd at 50% fib retracement, weekly chart 

Euro Fx/U.S. DollarFXCM

Description

EURUSD at 50% fib retracement on weekly chart and appears to be forming a double top pattern. If price closes below previous day low i.e 1.09080 we are looking for short entry. or if it makes another green candle above 1.1000 (above previous day high) , we are looking for long position with target at next fib level 1.1306.
Happy trading.


Disclaimer : For educational purpose only. Not a trading recommendation.
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