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11021992

EURUSD: Bullish idea based on fibs

Long
Euro / U.S. Dollar (FX:EURUSD)  
11021992 Updated   
FX:EURUSD   Euro / U.S. Dollar
EURUSD fib LONG
15
0
eurusd fib long
Hi traders,

On the EURUSD we have some confluence between the 100% Fibonacci extension of the ABC move and the 61.8% Fibonacci retracement of the bigger move. Target will be around 1.05800.

Enjoy the weekend peoples!

Cheers
Comment:
We also have a 141.4% Fibonacci extension of the ABA move at the reversal zone.

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