MarketsFloor

EURUSD Prepares for another Up-Leg

Long
FX:EURUSD   Euro / U.S. Dollar
The numbers speak by themselves.
Charts do the talking.
Price Action Rules the Game.

Well, as per the technicals, there is a chance for a drip back to 61.8% Fibs around 1.10230 zone. Which shall become the Support now to the previous resistance.
And jump upwards from there to the 1.618 Fib Extension coming at 1.17297... However, to avoid greediness, and follow proper money management, we would highly aim at the previous highs around 1.1603 zone.

Good Luck. This is not a trade recommendation. Kindly use your own skills and analysis.
This post is just for education and sharing purpose.


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