Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 03 - 04:55 AM

EUR/USD - Has Scope For More Gains To Test Major Fibo Resistance

By Martin Miller  —  Sep 03 - 02:46 AM
  • EUR/USD recently cleared 1.1806 Fibo, and that has unmasked 1.1894 Fibo

  • 1.1806/1.1894 Fibos, 23.6%/38.2% of 1.2266 to 1.1664 (May to August) fall

  • Bulls should be mindful of the thick cloud that spans 1.1847-1.2009 region

  • Looking to get long at 1.1850 ahead of the cloud base

  • Previous update nL1N2Q40F8. EUR/USD Trader TGM2334

  • A top could have formed in the dollar nL1N2Q40M8

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
© 2021 eFXdata · All Rights Reserved
!