FX.co ★ EUR/USD Approaching Its Resistance, Prepare For Reversal!

EUR/USD is approaching its resistance at 1.1743 (61.8% Fibonacci extension, 76.4% Fiboancci retracement, horizontal swing high resistance) where the price could reverse off and move towards its support at 1.1661 (50% Fibonacci retracement, horizontal overlap support).

EUR/USD is approaching its resistance where we expect to see a reversal.

Sell entry 1.1743. Stop loss at 1.1789. Take profit at 1.1661.

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