Eur_Usd is approaching its support at 1.2284 (61.8% Fibonacci retracement , 78.6% Fibonacci retracement , multiple swing low support) where could potentially bounce and rise to is 1st resistance at 1.2381 (5% Fibonacci retracement , horizontal overlap resistance). If it surpasses this level, it could rise to its 2nd resistance at 1.2436 (61.8% Fibonacci extension , 78.6% Fibonacci retracement , horizontal overlap resistance). We have also identified another support at 1.2225 (61.8% Fibonacci extension , 78.6% Fibonacci retracement , horizontal overlap support)
Thanks for posting Zac ,watch those Fib levels if everyone looking at the same Fib levels becomes a possible target for liquidity.
Consolidation building ,expect a break soon ,not convinced of support yet.
Got this break out we were talking about earlier
As we can see RSI slope has been broken ,retest lower order of the day,22800 of interest to me.
Price has touched 23300 a few times ,nice set up for break out trade ,RSI moving higher.