EURUSD : REACHING ITS CRUCIAL SUPPORT NEAR 1.12192
The price has fallen after few trading days the bad NFP results is released. The bullish trend seems to end at the high 1.14153 (FIBO 61.80 of 1.16163 to 1.10980). If the price stop falling at FIBO 61.80 near 1.12192 and cannot form a lower low, then we could open a small long position there with profit target near 1.12845. If the support is broken,, we continue to sell high.
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Disclaimer
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.