FX.co - EURUSD approaching resistance, potential big drop coming up!

2019-10-17T02:58:58

Relevance until2019-10-17

Entry: 1.1100

Why is it good: Horizontal swing high resistance, 50% fibonacci retracement

Stop loss: 1.11500

Why is it good: Horizontal swing high resistance, 38.2% fibonacci retracement

Take Profit: 1.09500

Why is it good: Horizontal swing low support, 61.8% fibonacci retracement

*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 big drop coming up!