EURUSD: 61.8% Fibonacci seems to hold Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 8, 2017 1:57 PM

Hi traders,

On the 4H chart on the EURUSD we have a nice rejection off of the 61.8% Fibonacci retracement. We made a nice long wick at the bottom.
Targets are 1.05870 and 1.06130.

Cheers

Trade active

⋅ Mar 8, 2017 2:07 PM

Trade closed: target reached

⋅ Mar 9, 2017 2:30 PM

Both targets hit.