EUR/USD Meets Resistance at 50% Fib Level

I failed to realize this yesterday, so here is an actual image to show that the recent stall in this most recent rally occurred right at the 50% fib level on the daily chart from this year’s April to May swing high and low. This is why you need to know how to use fib.’s my friends! Also Adding to the resistance was our Weekly R1 which price action broke but hasn’t closed above on the hourly, and the daily R1 just above there (not seen in this image).

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