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FX.co ★ EUR/USD approaching resistance potential drop!

EUR/USD approaching resistance potential drop!

Price is approaching our first resistance where we are expecting a drop below this level.

Entry: 1.10628

38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap resistance

Take Profit : 1.09994

Why it's good : 61.8% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support

 EUR/USD approaching resistance potential drop!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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