EURUSD approaching resistance, potential drop!

Entry: 1.10609

Why it's good: 78.6% fibonacci retracement, horizontal swing high resistance

Stop Loss : 1.10780

Why it's good : horizontal swing high resistance

Take Profit: 1.10006

Why it's good: horizontal overlap support, 50% fibonacci retracement, 38.2% fibonacci retracement, 100% fibonacci extension