Petr_Suchanek

EURUSD testing important level

Short
FX:EURUSD   Euro / U.S. Dollar
1
EUR is now testing an important level, which is 61.8 fibonacci retracement level of a prior weekly downswing. Although there is no sell signal on higher time frames, it might be a good selling opportunity, if the it makes a false break of the level.

For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly/17jWiog

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.