ForexTrendline

EURUSD rise continues

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Yesterday we saw another rise and break of the previous high in EURUSD.

The first level of the Fibonacci extension based on the last impulse - 1.0996 - has already been worked out.

The next level is at 1.1060, and shortly after that is the important resistance level of 1.1080.

In this zone, we expect more serious resistance and a possible deeper correction.

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