EUR/USD is approaching its resistance at 1.1656 (100% & 61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal is expected.
EUR/USD is approaching its resistance where we expect to see a reversal.
Sell below 1.1656. Stop loss 1.1694. Take profit at 1.1567.
