EUR/USD Started a Sharp Run – What is Next?
Results 1 to 2 of 2
  1. #1
    Join Date
    Feb 2016

    Default EUR/USD Started a Sharp Run – What is Next?

    The EUR/USD pair is recording the third positive month in a row and is slightly below the 23.6% Fibonacci retracement level which overlaps with the strong psychological level at 1.1200. Will the price hit the latter level and jumps higher at 1.1300? or it will have a rebound on it? What do you think?

  2. #2
    Join Date
    Feb 2016
    The EUR/USD pair moved above 23.6% Fibo retracement level and the Pivot Point (Resistance 1) but is trading below the 1.1270 resistance level. I suppose a break above the mentioned level will push the price further up.

    Name:  EURUSD290517.jpg
Views: 0
Size:  37.6 KB

Forum Sponsors

Similar Threads

  1. EUR/USD: Getting Ready For The ECB Meeting Next Week
    By Growth Aces in forum Free Forex Trading Systems
    Replies: 0
    Last Post: 11-28-2014, 09:23 AM
  2. Replies: 0
    Last Post: 03-13-2008, 11:10 AM
  3. Ok! What happened to EUR/USD???
    By Trade It in forum Trading Discussion
    Replies: 7
    Last Post: 11-16-2007, 02:51 AM
  4. EUR/USD Ready For 1.40! Whats Next?
    By Fxgreece in forum Economics
    Replies: 0
    Last Post: 10-09-2007, 07:32 AM
  5. What triggered the big move in EUR/USD pair?
    By khalihgs in forum Trading Discussion
    Replies: 3
    Last Post: 08-10-2007, 09:43 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
"I'm trying as hard as I can, and sometimes things don't go your way, and that's the way things go."
Tiger Woods