Technical analysis on EURUSD for November 7th, 2023.
Blue lines- Fibonacci retracement levels EURUSD is trading around 1.0676. Yesterday’s daily candle was a shooting star pattern and today price is making a pull back. Bulls were unable to push price above the 38% Fibonacci retracement resistance level. Price got rejected at the Fibonacci retracement and is now under pressure. Resistance remains key at […]