EUR/USD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.08941

Reason for Entry: Horizontal overlap resistance, 50% fibonacci retracement, and 61.8% fibonacci extension

Take Profit : 1.07749

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1.09318

Reason for Stop loss: Horizontal swing high resistance, 61.8% fibonacci retracement