Main Quotes Calendar Forum
flag

FX.co ★ EUR/GBP Approaching Resistance, Prepare For Reversal

parent
Forex Analysis:::2019-02-15T04:46:12

EUR/GBP Approaching Resistance, Prepare For Reversal

EUR/GBP is approaching its resistance at 0.8854 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.8790 (50% Fibonacci retracement, horizontal pullback support).

Stochastic (89, 5, 3) is nearing its resistance at 96% where a corresponding reversal is anticipated.

EUR/GBP is approaching its resistance where we expect to see a reversal.

Sell below 0.8854. Stop loss at 0.8913. Take profit at 0.8790.

EUR/GBP Approaching Resistance, Prepare For Reversal

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...