EUR/USD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.11180

Reason for Entry: 61.8% fibonacci retracement, horizontal swing high resistance

Take Profit : 1.09870

Reason for Take Profit: Horizontal swing low support, 1.272% fibonacci extension

Stop Loss: 1.11990

Reason for Stop loss: Horizontal swing high resistance, 78.6% fibonacci retracement