This could be potential setup to BUY Euro. IDEA TITLE AND DESCRIPTION*
As we can see it touched monthly resistance and now we could potentially retrace to retest 1.12.
We have perfect confluences on this if it works out the way it looks like.
CONFLUENCES:
1. 1.12 daily support
2. 3rd touch of TL
3. Fib lining up perfectly at 61.8% level
As we can see it touched monthly resistance and now we could potentially retrace to retest 1.12.
We have perfect confluences on this if it works out the way it looks like.
CONFLUENCES:
1. 1.12 daily support
2. 3rd touch of TL
3. Fib lining up perfectly at 61.8% level