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Trader_BrianFX
Apr 8, 2024 9:31 AM

Analyze and evaluate the EURUSD trend today!  

EUR/USDOANDA

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Hey lovely folks! Last week, in its final days, EURUSD experienced a fleeting rally before it commenced a correction phase that persists till now, reaching the 0.5 - 0.618 Fibonacci retracement levels.

Currently priced at 1.082, if EURUSD maintains its ground above this critical Fib level, a rebound seems not just possible but probable. The next aim would be to conquer the peak of 1.093, especially after breaking through the resistance at 1.087. Keep your eyes peeled, as this currency pair might just surprise us yet!

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