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FX.co ★ EUR/USD reacting below resistance, potential drop!

EUR/USD reacting below resistance, potential drop!

EUR/USD reacting below resistance, potential drop!

Trading Recommendation

Entry: 1.10780

Reason for Entry: 61.8% Fibonacci Retracement

Take Profit : 1.10280

Reason for Take Profit: 61.8% Fibonacci retracement, 76.4% Fibonacci extension

Stop Loss: 1.11090

Reason for Stop loss:

horizontal swing high resistance

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