FX.co - EUR/USD testing resistance, potential drop!

5 December 2019 at 4:36AM (UTC+0)

Long-term review

Trading Recommendation

Entry: 1.10944

Reason for Entry: 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance

Take Profit : 1.09994

Reason for Take Profit: Horizontal overlap support, 61.8% Fibonacci retracement, 78.6% Fibonacci extension

Stop Loss: 1.11419

Reason for Stop loss:

horizontal swing high resistance, 78.6% 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 ★ EUR/USD testing resistance, potential drop!