Eur/Usd: Advanced Daily Analysis

Yesterday I posted an outlook on the Eur/Usd, today I want to go a bit more in depth with the pair by looking at the daily charts.

The first thing I noticed when looking long term is the Fibonacci retracement level all the way from the beginning of this up move back when the price was 1.2464 that the .382 level is around 1.4119 area. We are getting near that level now so that could be a major area of support that the Dollar must contend with for this bullish move.

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