EURUSD : look Fibonacci @1,082

2017年4月20日

The chart shows three short, medium and long-term movements. Today, the Eurodollar exchange rate has stopped close to 1,0777, which corresponds to 0,618 in Fib in the long run. The values of the last rise from yesterday to today are ecquitous for short-term indications. The first movement, the beginning of the week, is instead the first part of a medium-term rise. Notice how in the 1,082 area converge the 0.764 of long, 1,618 short and medium-term Fibs. On the daily chart (this is the time) the movement still has strength, so I think it is possible to reach that level by Tuesday's day.