Monday, June 28, 2021

EURUSD H1 is at pivot, potential for bounce

EURUSD H1 is at pivot where we may potentially see a bounce towards the 1st swing high resistance level, in-line with 50% Fibonacci retracement and 127.2 % Fibonacci extension . RSI is also indicating bullish momentum for further upside. If price reverse from the pivot, we may see it swing towards 1st support, in line with 61.8% Fibonacci retracement and 127.2% Fibonacci extension

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/eurusd-h1-is-at-pivot-potential-for-bounce"
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