EURUSD Technical Analysis
After the EURUSD has almost hit the level of 0.618 of Fibonacci indicator reaching the level its lowest level of the week at 1.10252 forming a Hammer candle on that level, the market has retraced and started his correction uptrend assuming to reach the 0.618 of Fibonacci level on the uptrend hitting the 1.11775.
Now we have many High Impact news releasing today causing a volatility in the market, if the market hit almost the level of 1.1200 there is a high probability that the market will have reverse and the sellers start gaining over the bulls.
Now we have many High Impact news releasing today causing a volatility in the market, if the market hit almost the level of 1.1200 there is a high probability that the market will have reverse and the sellers start gaining over the bulls.
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