Retracement in EURUSD
Since the start of the week, EURUSD has been in a pullback phase following the U.S. elections.
Yesterday, it reached the 38.2% Fibonacci retracement level and held at that area.
The next key resistance is the previous high at 1,0610, with the 61.8% retracement level located at 1,0705.
Keep an eye on price reactions at these levels for potential new entry opportunities.
Yesterday, it reached the 38.2% Fibonacci retracement level and held at that area.
The next key resistance is the previous high at 1,0610, with the 61.8% retracement level located at 1,0705.
Keep an eye on price reactions at these levels for potential new entry opportunities.
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