Although the U.S. dollar increased recently against its Canadian counterpart, currency bulls didn’t manage to trigger an upward move above the 61.8% Fibonacci retracement for the third time in a row. Will their nearest ally be able to stop the selling pressure once again in the coming days?EUR/USD Meets Fibonacci Retracement
Yesterday, we wrote that EUR/USD invalidated the earlier breakdown under the upper line of the orange declining trend channel. Taking this positive development into accou
