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FX.co ★ EUR/USD near resistance, a drop is possible!

EUR/USD near resistance, a drop is possible!

EUR/USD near resistance, a drop is possible!

EURUSD is near resistance, a drop to 1st support is possible

Entry: 1.1315

Why it's good : 61.8% Fibonacci extension, horizontal overlap resistance

Stop Loss : 1.14127

Why it's good :100% Fibonacci extension

Take Profit : 1.1251

Why it's good: 100% Fibonacci extension, 50% Fibonacci retracement, Horizontal pullback support

EUR/USD near resistance, a drop is possible!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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