US dollar has returned 61.8 % loss vs euro!

eur-usd 17.11.

After the late Friday rally Asian sesion push the EUR/USD higher at the top of 1.2577 and then the pair start to fall continuously down, all the way to the 1.2485, but didn’d find enough strenght to fight back. After Mr.Draghi speach the pair fall furder bellow this support and cover 61.8 fibo return from the Friday/Monday morning rise. Looking now, I can’t find important support before 1.2400!? This is not the range where I would open my possition, how about you?

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2 comments

  • Friday rise was with no backgroud anyway.

    Liked by 1 person

    • Agree.

      Like

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