The EUR/USD had a bearish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between one hundred and two hundred and sixty pips. Depending what your entry price was.
However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce off of the 50.0% Fibonacci level. Then it ran down past the 0.00%. We have strong major support at 1.0655 And resistance at 1.1080.