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FX.co ★ EURUSD approaching resistance, potential drop!

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Forex Analysis:::2019-10-16T02:12:08

EURUSD approaching resistance, potential drop!

Entry: 1.10609

Why it's good: 78.6% fibonacci retracement, horizontal swing high resistance

Stop Loss : 1.10780

Why it's good : horizontal swing high resistance

Take Profit: 1.10006

Why it's good: horizontal overlap support, 50% fibonacci retracement, 38.2% fibonacci retracement, 100% fibonacci extension

Analyst InstaForex
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