FX.co - EUR/USD break below downside confirmation could trigger further drop

2020-06-11T03:39:22

Relevance until2020-06-12

Trading Recommendation

Entry: 1.13549

Reason for Entry: Horizontal overlap support and 38.2% fibonacci retracement

Take Profit: 1.11983

Reason for Take Profit: 38.2% retracement and horizontal swing low support

Stop Loss: 1.14284

Reason for Take Profit: 100% fibonacci extension

*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 break below downside confirmation could trigger further drop