EURUSD Could Still Have Room To Run

EURUSD             formed a solid ABCD pattern which is overlaid with a Fibonacci Extension . This pair could have room to run if it can get through the 76.4% Fib level followed by the 85.4% level. We should see EURUSD             run to at least 100% Fib level which would bring this pair to the 1.13736 level. Considering the move from point B to point C was shallow at 54.4% compared to the expected 61.8% level shows that buyers we eager to resume the uptrend.

If you're still long we would recommend lightening up on your position at bare minimum around this 76.4% level. With the remaining position you could place your stop between break-even and just below point B depending on your aggressiveness.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇筛选器 Crypto Screener 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出