RKarina

EURUSD: Should I buy or sell?

Long
RKarina Updated   
FX:EURUSD   Euro / U.S. Dollar
As predicted, EUR/USD began to correct yesterday, confirming a new bottom and climbing to 1.0678 in early Thursday trading.

The EUR/USD pair's recovery was supported by renewed selling on the US Dollar and a risk-friendly market atmosphere. Currently, the main emphasis is on aiming for the Fibonacci retracement area from 0.5 to 0.618, which is set as the next priority target.
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