EURUSD Pullback
On Friday, we analyzed the key levels for EURUSD.
The pullback is ongoing, and the pair has already hit the first support at 1.1040.
This marks the 38.2% Fibonacci level, so we may observe the price reacting to or even bouncing off this point.
If the decline persists, the next key support level will be 1.0939.
Short-term selling opportunities may arise if the price fails to break above 1.1100.
Currently, there are no entry opportunities at the present price level.
The pullback is ongoing, and the pair has already hit the first support at 1.1040.
This marks the 38.2% Fibonacci level, so we may observe the price reacting to or even bouncing off this point.
If the decline persists, the next key support level will be 1.0939.
Short-term selling opportunities may arise if the price fails to break above 1.1100.
Currently, there are no entry opportunities at the present price level.
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