LouisYingTrading

EURUSD - Will Bullish Momentum continues (Fibonacci)

Long
FX:EURUSD   Euro / U.S. Dollar
Currency Pair: EURUSD
Frequency: Daily
Predicted Direction: Long

EURUSD has been followed the Bullish momentum this year. Technically speaking, we can see that 38.2% Fibonacci is a critical turning level for EURUSD after May. It is expected the price will fall back to the first or second 38.2% Fib level (1. 1.16921 or 2. 1.16107) and then up to at least 1.20 level.

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