EURUSD reaches key Fibonacci retracement level

EURUSD has held support last week and price bounced higher. Short-term resistance at 1.0880 was broken and price eventually reached the 61.8% Fibonacci retracement level at 1.0925. We are now at a major Fibonacci resistance level with potential to move higher towards 1.0985. EURUSD has bounced strongly towards the important Fibonacci retracement. As long as […]