EUR/USD now officially leaving 1.23xxx area and rally to reach 1.24xxx level, the rally confirmed at the first place when the price breakup the 78.6% Fibonacci (1.22886) and just in one day another level of 61.8% (1.23264) also breached
Now the price currently consolidating between 1.23529 and 1.23649, right above 50% Fibonacci level, option to buy clearly more promising right now
If bullish confirmed, most likely the price will hit 1.24100 and continue move up to 1.24760, once this area touched we need to observe more detail as this area is previous resistance that bring down the price so hard
Now the price currently consolidating between 1.23529 and 1.23649, right above 50% Fibonacci level, option to buy clearly more promising right now
If bullish confirmed, most likely the price will hit 1.24100 and continue move up to 1.24760, once this area touched we need to observe more detail as this area is previous resistance that bring down the price so hard