1. Hello Guest Click here to check FX Binary Point Financial Directory

Major Currency Pairs Reach Sturdy Fibonacci Levels

Discussion in 'Technical Analysis' started by Kaitlin, Feb 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD retraced back to the 38.2% Fibonacci level, which caused price to pause. A break down could see price fall deeper towards the 50% and 61.8% Fibonacci levels. A break up could price retest the resistance levels. A break below the support trend line (green) confirms the completion of[​IMG]

    Continue reading...

Share This Page