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Technical Analysis Posted 15 hours ago

EUR/USD Consolidates After Rally to 1.1710, Eyes 1.1791

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EUR/USD extended its rally from 1.1323 to 1.1710 last week but has turned sideways, signaling neutral bias this week. Support at 1.1565 should contain downside pressure and spark another leg higher. Bullish scenario targets 61.8% Fibonacci retracement at 1.1791; a firm break above that level opens further upside potential.
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@nsg_usd · 7 hours ago

Expecting those retracements next week down to 1.1565

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