As the EUR/USD continues it rocket ship climb is there a chance that it’s running out of fuel as prices reach the 1.3800 psychological level? It’s as good a place as any to find sellers. The key to this — and any uptrend — is the support and Fibo Extension levels are helping out here by identifying the support on the pullback at 127.2. And while the 161.8 is certainly not a solid ceiling, the two intraday highs at 1.3831 and 1.3838 will offer a double top to watch out for.
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