Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 10 - 11:55 AM

EUR/USD - Looks Set To Drop Further To A 76.4% Fibo Under 1.0500

By Martin Miller  —  Jun 10 - 10:10 AM
  • EUR/USD probes the 1.0516 Fibo and looks to set to drop further sub 1.0500

  • 1.0516 Fibo is a 61.8% retrace of the 1.0349-1.0787 (EBS) May recovery

  • The 1.0452 Fibo is a 76.4% retrace of the same May recovery

  • We are short at 1.0735 for a lowered target of 1.0460

  • Our trailing stop has been lowered to 1.0590 to lock in more profit

  • EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2XX0JK

Daily Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!