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EURUSD Testing Resistance, Prepare For Reversal

Por ICmarkets
Corretora
EURUSD is testing its resistance at 1.1631 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.1523 (38.2% Fibonacci retracement) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
Chart PatternsEUREURUSDeurusdshortForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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