Technical Outlook and Review - Action Forex : vimarsana.com

Technical Outlook and Review - Action Forex

The EUR/USD chart currently exhibits bullish momentum, and there’s a potential scenario of a bullish continuation towards the 1st resistance level at 1.0552. This level is considered significant as it aligns with both the 61.80% Fibonacci Retracement and the 78.60% Fibonacci Projection, indicating a potential Fibonacci confluence.

Related Keywords

, Fibonacci Retracement , Fibonacci Projection , Fibonacci Extension , Relative Strength Index , Dow Jones Industrial Average ,

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