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

2020-04-14T04:46:04

Relevance until2020-04-15

Trading Recommendation

Entry: 1.09679

Reason for Entry: Horizontal swing high resistance, 78.6% fibonacci extension, 50% fibonacci retracement

Take Profit : 1.08445

Reason for Take Profit: Horizontal swing low support , 61.8% Fibonacci retracement

Stop Loss: 1.10368

Reason for Stop loss: 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!