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Feb 22 - 10:55 PM

EUR/USD - Edges Above 1.2169 And Now Targets Fibo Resistance

By John Noonan  —  Feb 22 - 08:42 PM
  • EUR/USD traded to 1.2173 to break above double-top at 1.2169

  • There has been a lack of follow-through and it is settled around 1.2170

  • Fibo resistance is at the 61.8 of the 1.2349/1.1952 move at 1.2197

  • There is also likely to be option related selling ahead of 1.2300

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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