Looking at the daily time frame on EURUSD, we can see that price hasn't reached the 23.6% retracement level as yet. I expect to see a small pullback to support where price will continue upwards and break the 23.6% retracement level. My initial target to the upside is the 38.2% retracement level.
Happy trading!
Linton White Pro Trader, Analyst, Mentor & Money Manager JP Markets Pretoria South Africa
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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.