Technical Outlook and Review - Action Forex : vimarsana.com

Technical Outlook and Review - Action Forex

The chart for EUR/USD currently indicates a bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance level at 1.0584. This resistance level is considered significant as it aligns with a pullback resistance and coincides with the 38.20% Fibonacci Retracement level, making it a strong potential resistance zone.

Related Keywords

, Fibonacci Retracement , Fibonacci Extension , Fibonacci Projection , Fibonacci Expansion , Relative Strength Index ,

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