EURUSD at fibonacci confluence

After establishing a nice retracement the Euro pushed into the 61.8% level and is setting up for a move back to the upside. There should be some backing and filling here and then when the London session gets under way the expectation is to see a push to the extensions in the 1.07 and 1.0744 zone. The stop loss is at 1.0515 thus giving a nice reward to risk.