Andy_Garcia_CMT_CFTe

EURUSD at fibonacci confluence

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
After establishing a nice retracement the Euro pushed into the 61.8% level and is setting up for a move back to the upside. There should be some backing and filling here and then when the London session gets under way the expectation is to see a push to the extensions in the 1.07 and 1.0744 zone. The stop loss is at 1.0515 thus giving a nice reward to risk.

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