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

2019-12-31T04:41:56

Relevance until2020-01-01

Trading Recommendation

Entry: 1.12465

Reason for Entry: horizontal swing high resistance, 78.6% fibonacci extension

Take Profit : 1.11109

Reason for Take Profit: 50% Fibonacci retracement, horizontal overlap support

Stop Loss: 1.13081

Reason for Stop loss:

78.6% Fibonacci Retracement, horizontal swing high resistance

*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!