Hello traders EURUSD is holding firmly around the 18 figure. Buyers are not allowing the price to drop below the supports in the range of 1.1820-1.1850:
For the third day now, there have been attempts from buyers to push the price up from this range, but sellers are not letting the euro go up. We might end up going back down to retest the lows. If the price is not allowed to go up, it looks like we'll be heading down.:))) I think sellers will try again to push the EURUSD pair down aiming to break through the nearest supports of today and yesterday around 1.1850-1.1860. Ideally, it would be great to see the price reach the 261 Fibonacci level (1.1818) for a retracement. Let's see if sellers have enough strength to reach that level today.
