Euro looks good on chart

Euro’s drop below key fibo’s around 1.1250 followed by a rebound has opened the doors for a re-test of resistance around 1.1336-1.1342 area.

A re-look at 1.1293 followed by a drop below key Fibo’s around 1.1250 wud then be read as a strong sell signal for a target of 1.12.

As of now, the spot appears poised to cut through 1.1293 and extend rally to 1.1330 levels.

EURUSD D1 (03-21-2016 1621).png

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