EUR/USD mark: 1.12770

Forecast: downside

Key points:
Resistance: 1.13000
1st support: 1.11000
Fibonacci Retracement (23,60%): 1.11000

Long term expectations (D1) are on upside. However, we can observe little retracements from 23/02/2017. It that probability happen again it will be reasonable expect another little retracement from the actual highest point until the upside longitudinal line intersection (1.11000). 1.11000 is also the closest Fibonacci Retracement target.
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