MONTHLY AND WEEKLY CHART BELOW
INDICATOR: FIB RETRACEMENT
134.45 which is the 61.8% retracement of the marked area on the weekly chart is a possible target for this bullish pair. The current strength of euro supports this idea. Moreover a significant resistance on the monthly chart below coincides with the 61.8% retracement.
WEEKLY CHART:
MONTHLY CHART:
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