EURUSD approaching resistance, potential drop!

EURUSD is approaching our first resistance at 1.1428 (horizontal swing high resistance, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1395 (61.8% Fibonacci extension, 23.6 % Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Chart PatternsEUREURUSDeurusdlongeurusdshortForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSD

Come join us today at : easymarkets.com/
Também em:

Aviso legal