FX.co - EUR/SGD approaching 1st resistance, potential drop expected!

2020-04-06T04:18:27

Relevance until2020-04-07

Trading Recommendation

Entry: 1.56136

Reason for Entry: Horizontal overlap resistance, 50% Fibonacci retracement

Take Profit : 1.55405

Reason for Take Profit: Horizontal overlap support

Stop Loss: 1.56583

Reason for Stop loss: Horizontal overlap 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/SGD approaching 1st resistance, potential drop expected!