EUR/USD
The euro - U.S. dollar pair gained strength yesterday, having ascended 1.3075, when the German unemployment rate unexpectedly dropped to 6.8% from 6.9% in December and after successful bonds auctions in France yesterday.
Today we see a bearish tone again, according to the Fibonacci retraction, the euro is at the level of 50% and we still believe that it lacks correction to 61.8% of retraction around 1.2943, at this retracement level, we will place our point input with the ultimate goal in resistance line around 1.3180 dollars per euro.
