FOREXN1

EUR/USD:BUY From 61.8% FIBO Support Area For a LONG Setup

Long
FOREXN1 Updated   
FX:EURUSD   Euro / U.S. Dollar
EUR/USD despite the positive economic news given yesterday from the USD the currency reacted positively and this morning the price reached an important level of Fibonacci, 61.8% where it's present also a support level that can help the price to have a new Bullish impulse. As you can see the price is still above the 50 Moving average and all the clues seem in favor of a new Bullish impulse for the EUR.
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