EUR/USD facing bearish pressure from resistance, big drop coming up!

EURUSD is facing bearish pressure from our first resistance at 1.10005.

Entry: 1.10005

Why it's good : 23.6% fibonacci retracement, horizontal overlap resistance, 61.8% fibonacci extension

Stop Loss : 1.10244

Why it's good : 38.2% Fibonacci retracement, horizontal overlap resistance, 100% fibonacci extension

Take Profit : 1.09563

Why it's good: 100% Fibonacci extension