AndreLuiz66

Two Likely Scenarios (DOLLAR/EURO)

FX_IDC:USDEUR   US DOLLAR / EURO
This is a study based on the monthly chart.

The price is approaching a strong resistance area. In this zone (between 0.9184 and 0.9883) there are important long-term Fibonacci levels (retracement and extension) and also a Speed Resistance (blue line).

So stay tuned for a short strategy if USDEUR             reach this region.
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