Critical Fibonacci Levels in Forex Market

March 13, 2017 10:30

The EUR/USD is showing strong bullish momentum which is pausing at the 61.8% Fib but could extend towards the 78.6% Fib at 1.0750. The GBP/USD is probably in a bullish retracement of a larger downtrend with clear Fib levels as resistance. The USD/JPY is approaching a critical bounce or break spot.

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