EUR/USD is trading 0.09% lower today just under the 1.10 psychological support. Measuring the last impulse wave higher the price has now found some support at the 61.8 Fibonacci zone. EUR/USD Daily Chart EUR/USD has been on the decline over the last couple of sessions but has been under pressure since 4th November. The 61.8% Fibonacci level holds just under the 1.10 psychological support at 1.0995. It is not shown on the chart but if this is the start of a wave 1 and 2 Elliot wave move higher then the next Fibonacci level 76.4% is at 1.0950. If both the support levels get taken out then the main support low will become the low on the chart of 1.0879. From a candlestick perspective, yesterday’s candle was a Doji. This shows significant indecision and the high stands at 1.1020. If this gets taken out we could have a bullish scenario. Additional Levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum price analysis: ETH/USD hovers around $185.00, vulnerable to further losses FX Street 3 years EUR/USD is trading 0.09% lower today just under the 1.10 psychological support. Measuring the last impulse wave higher the price has now found some support at the 61.8 Fibonacci zone. EUR/USD Daily Chart EUR/USD has been on the decline over the last couple of sessions but has been under pressure since 4th November. The 61.8% Fibonacci level holds just under the 1.10 psychological support at 1.0995. It is not shown on the chart but if this is the start of a wave 1 and 2 Elliot wave move higher then the next Fibonacci level 76.4% is at 1.0950. If both… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
