the e\u rebounded after holding above level at 1.2425 (61.8% Fibonacci retracement of 1.2359-1.2532), retaining bullishness.
In view of this, i am holding on to my long position entered at 1.2440. Only below 1.2425 (61.8% Fibonacci retracement of 1.2359-1.2532) and 1.2415 ( Daily support 1) would signal the rebound has ended. which could then result to a severe break down to 1.22 even area. First target at 1.26 even and final target at 1.267.
In view of this, i am holding on to my long position entered at 1.2440. Only below 1.2425 (61.8% Fibonacci retracement of 1.2359-1.2532) and 1.2415 ( Daily support 1) would signal the rebound has ended. which could then result to a severe break down to 1.22 even area. First target at 1.26 even and final target at 1.267.