FX.co ★ EUR/USD testing major resistance, remain bearish

Price has reached our selling area and is testing that level. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, horizontal overlap support).

Stochastic (55,5,3) is seeing major resistance below the 95% level.

Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159.