Self-explanatory price action here, we should briefly see EURUSD fall to around 1.12 (1.2271 on the 0.236 fib). Lots and lots of resistance at the 0.5 fib level thus indicating a fall in price.
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.