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

2020-02-25T09:07:01

Relevance until2020-02-26

Trading Recommendation

Entry: 1.08789

Reason for Entry: 100 %, 61.8% Fibonacci extension, 23.6% fibonacci retracement, Horizontal swing high resistance

Take Profit : 1.09523

Reason for Take Profit: 38.2% Fibonacci retracement, Horizontal swing high resistance, 100% Fibonacci extension

Stop Loss: 1.08430

Reason for Stop loss: 38.2% Fibonacci retracement

*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 breakout!