EURUSD to retarce before continuing bull run

٣ ديسمبر ٢٠٢٠

EURSUD hit a fresh 32-month high above 1.21. At the moment we are seeing the market be in overbought territory, and awaiting a retracement towards the Fibonacci golden zone, being between 38.2% - 61.8%. Once support has been met in this zone, long position will be placed.

TP - 1.2180
SL - 1.2070