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31.07.2026 11:03 AM
On Thursday, the EUR/USD pair rebounded from the 38.2% Fibonacci retracement level at 1.1438, reversed in favor of the euro, and resumed its advance, consolidating above the 61.8% Fibonacci level at 1.1507. As a result, the euro gained approximately 150 points in just two days. Today, another rebound from the 1.1507 level would allow bulls to continue their advance toward the 76.4% Fibonacci retracement level at 1.1551. A consolidation below 1.1507 would favor the U.S. dollar and open the way
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