FX.co - EUR/USD testing resistance, potential reversal!

15 June 2020 at 4:20AM (UTC+0)

Relevance until16 June 2020 at 4:20AM (UTC+0)

Trading Recommendation

Entry: 1.12668

Reason for Entry: 23.6% fibonacci retracement and horizontal pullback resistance

Take Profit: 1.10978

Reason for Take Profit: 50% fibonacci retracement,horizontal swing low support

Stop Loss:1.13355

Reason for Take Profit: 61.8% fibonacci extension, horizontal swing high resistance, 50% 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 testing resistance, potential reversal!