Hello everyone, let's find out what's happening with EURUSD today!
Last Friday, EURUSD ended the week with a downward trend. But today, it has found some support at the 1.080 level, causing a slight comeback with the current price hovering around 1.082 as it aims for a recovery towards the Fibonacci target of 0.5 - 0.618.
If it can maintain the 1.080 support level, EURUSD still has a chance to rise. However, we should closely monitor the Fibonacci zone of 0.5 - 0.618 as sellers may push this currency pair down once again within this range.
What do you think? Do you see EURUSD shifting towards an upward trend?