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Key moment for EURUSD! The price has reached the 61.8 Fibonac | FBS Analytics

Key moment for EURUSD!

The price has reached the 61.8 Fibonacci level at 1.0740. Now, we have to closely watch the reaction.

If the price breaks above, the pair will move to the 100.0 Fibonacci level at 1.0777.
If sellers defend this level and the price gets rejected, it will fall to 1.0723 and 1.0710, 50.0 and 38.2 Fibonacci levels, respectively.

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