Using Fibonacci to Identify High Risk Levels in Currency Trading
The EURUSD response at short term channel resistance is suggestive of a deeper setback. Expect support from former resistance at 12935/70. A near term constructive bias is warranted on dips against 12900 with 13115 and 13170 in focus. Longer term, the EURUSD is at a high risk area for bulls (38.2%...
FF News: Technical