FX.co - EUR/USD approaching resistance, potential drop!

2019-06-24T03:20:47

Relevance until2019-06-25

EURUSD is approaching resistance where we might see a drop in price.

Entry: 1.1448

Why it's good : Horizontal swing high resistance, 100% Fibonacci extension, 23.6% Fibonacci retracement

Stop Loss : 1.1493

Why it's good : Horizontal swing high resistance

Take Profit : 1.1346

Why it's good: 61.8% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal pullback support

EUR/USD approaching resistance, potential drop!

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

Analytical expert

Dean Leo

FX.co ★ EUR/USD approaching resistance, potential drop!