FX.co - EUR/USD approaching resistance, big drop coming up!

2019-09-17T05:11:54

Long-term review

EURUSD is approaching our first resistance.

Entry: 1.10146

Why it's good : 23.6% fibonacci retracement, breakout level

Stop Loss : 1.10450

Why it's good : 50% fibonacci retracement

Take Profit : 1.09508

Why it's good: 100% fibonacci extension, horizontal swing low support

EUR/USD approaching resistance, big drop coming up!

*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, big drop coming up!