Hi traders,
On the EURUSD we can see that we have reached the previous support and resistance area. We also have the 127.2% and the 200% Fibonnaci extension at that price area.
Entry: 1.05919
Stop: 1.05625
Target: 1.06553 = R:RR 2.16
Good luck traders! Updates will follow.
On the EURUSD we can see that we have reached the previous support and resistance area. We also have the 127.2% and the 200% Fibonnaci extension at that price area.
Entry: 1.05919
Stop: 1.05625
Target: 1.06553 = R:RR 2.16
Good luck traders! Updates will follow.
Yorum:
I actually didn't see this before, but this area is also the 50% Fib retracement of the bigger move
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