By Admiral Markets
The USD/JPY and EUR/USD retraced back to key Fibonacci levels which acted as strong bouncing levels. The USD/JPY saw a strong bullish reaction at the 38.2% Fib whereas the EUR/USD bounced at the 50% Fib. Check out this webinar for Chris’s analysis and trade ideas for these pairs, plus the GBP/USD and AUD/USD.
Article by Admiral Markets
Source: USD retracement complete?
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