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Watch the full video by clicking here now https://bit.ly/3c6eJIq Fibonacci retracement levels are used to identify price areas where traders should enter and exit trades. The Fibonacci retracements are based on the work of Leonardo Fibonacci, a mathematician from the 13th century. He was the first person to study the relationship between price movements and human emotions. His research showed that price movement patterns were related to the number series known as the Fibonacci sequence.

Click the link for more details https://bit.ly/3RrY2Yk The price action was positive, but we saw some bearish divergence on the daily chart. This shows that bears are still in control of the market. However, the bulls are trying to push prices higher. We expect the pair to trade above before making any further gains.

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