fxwaleed

Long Term (weekly) EURUSD Fibo Overview

Long
FX:EURUSD   Euro / U.S. Dollar
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Two Fibonaci, one is downtrend retracing to 0.618 after breaking key resistance @1.34839
and one is uptrend targeting -0.618 and currently facing resistance @-0.382 and moving in a Channel

Closed with 112.5pips profit @1.3670
Rejoined long @1.3654 Close with 41.6pips profit @ 1.36956
Done for the week, will wait for the market to reach 0.618 next week and then decide Join the main down trend or wait longer.

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