motleifaul
Long

Correction Overdone

FX:EURUSD   Euro / U.S. Dollar
We have exceeded the usually highest Fibonacci correction level being at 61.8 %. This is a sign of a present strenght of the euro             .
Comment: Sorry, I've shown the wrong timeframe where it is difficult to see what I mean. Better switch to the 240 min. level to check the retracement from the March high to get back to the rising path.
Trade closed: stop reached
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