EURUSD back at the 61.8% retracement
Intraday Update: After bouncing aggressively after completing the head and shoulder on Sunday/Monday, the bounce back is stalling today at the 61.8% retracement of the Jan 27th high to Feb 2nd lows. Further gains will be on the heels of the incoming ADP and ISM data today, and if the data does not disappoint we could see a stronger move back towards the 1.0360 level.
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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.