EUR/USD is rising towards the resistance level, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.1601
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.1637
Why we like it:
There is an overlap resistance level.
Take profit: 1.1542
Why we like it:
There is a multi-swing low support level.
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Entry: 1.1601
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.1637
Why we like it:
There is an overlap resistance level.
Take profit: 1.1542
Why we like it:
There is a multi-swing low support level.
Enjoying your TradingView experience? Review us!
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