FX.co - EURUSD approaching resistance, potential big drop coming up!

2019-11-01T01:54:48

Relevance until2019-11-01

Entry: 1.11657

Why is it good: Horizontal swing high resistance

Stop Loss: 1.12300

Why is it good: Horizontal swing high resistance, 61.8% fibonacci retracement

Take profit: 1.10670

Why is it good: Horizontal overlap support, 38.2% fibonacci retracement, 100% fibonacci extension

*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 ★ EURUSD approaching resistance, potential big drop coming up!