velmunis

EURUSD is in buyers control

Long
velmunis Updated   
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD
EURUSD downward fall is just limited at 1.06400 level And buyers got some momentum enough to push the price higher and we may expect the primary target would be 1.09600 which is a 38.2% Fibonacci
From this level we may expect some short term fall towards 1.08300
Suitable long positions may open at this level and the Primary target would be 1.10600 which is a 50% Fibonacci and the final target would be 1.11980 which is also a 61.8% Fibonacci level Stop lose may placed below the 1.07600 level
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.