EUR/USD Bullish Momentum Faces Resistance Fibonacci Levels
June 26, 2017 at 04:20 AM EDT
The EUR/USD broke above the resistance trend line which is a continuation of the wave 2 retracement. A break above the 100% level at 1.13 invalidates both waves 2 but bearish breakout below the bottom at 1.11 makes a potential wave 3 more likely.