Aleksin_Aleksandar

EURUSD long view

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Pair EURUSD stays in positive territory for now by being above 0.97500 at the 38.2% Fibonacci. On Friday, we had one attempt to break below, but instead, the euro found support there and returned to the 0.98000 retracement zone at 50.0% Fibonacci. To continue the bullish option, the euro needs to break above the 61.8% Fibonacci at 0.98570. Then we need to stay above and continue the movement with a new bullish impulse. Potential higher targets are 0.99000 and 0.99500 at the 78.6% Fibonacci level.
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