FX.co - EUR/USD facing bearish pressure, potential for further drop!

2020-06-09T07:56:02

Relevance until2020-06-10

Trading Recommendation

Entry: 1.12656

Reason for Entry: Horizontal swing support, 23.6% fibonacci retracement

Take Profit: 1.11353

Reason for Take Profit: Horizontal pullback support and 50% fibonacci retracement

Stop Loss: 1.13220

Reason for Take Profit: 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/USD facing bearish pressure, potential for further drop!