thecryer

EUROUSD Perfect Fibo

Long
thecryer Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Euro followed perfectly is downtrend from 2008.

Rejections on Red Circles :

- ATH 1.60$ (2008)

- Rejection Fibo 78.6 at 1.50$ (2008)

- Rejection Fibo 61.8 at 1.40$ (2018)

- Rejection Fibo 38.2 at 1.25$ (2018)

- Rejection on Trend at 1.20$ (2020)

The demand is is growing around 1.14$.
if this correction is correct the next Leg after a breakout will push Euro to retest 1.25$.

Happy Tr4Ding !
Comment:
1.196$ have to break 0.2$ to go Higher. Crucial Zone.
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