There as been a consistent strong support at the 0.786 Fibonacci Retracement level for EURUSD. 0.786 is the square root of 0.618. Whenever stock moves upwards or downwards sharply, it often retraces before continuing its journey with a solid fundamental analysis done we should see an upward move of this market>

AUDJPY already on the way up – December 03 , 2023
Expecting this pair to continue moving to the upside for the next few days