The EUR/USD had a bullish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between sixty and one hundred pips. Depending what your entry price was.
However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level. Then it crashed down way beyond the 0.00%. We have strong major support at 1.0990. And resistance at 1.1090