FX.co - EURUSD testing resistance, potential reversal!

2020-06-24T07:11:49

Relevance until2020-06-25

Trading Recommendation

Entry: 1.13331

Reason for Entry: Descending channel resistance, 61.8% fibonacci retracement and 127.2% fibonacci extension

Take Profit: 1.11514

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

Stop Loss: 1.14188

Reason for Take Profit: 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 ★ EURUSD testing resistance, potential reversal!