FX.co - EURUSD approaching resistance, potential drop!

2019-10-16T02:12:08

Relevance until2019-10-16

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

*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 approaching resistance, potential drop!