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

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

Entry: 1.10944

50% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 1.09994

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