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FX.co ★ EURUSD approaching resistance, potential big drop coming up!

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Forex Analysis:::2019-10-17T02:58:58

EURUSD approaching resistance, potential big drop coming up!

Entry: 1.1100

Why is it good: Horizontal swing high resistance, 50% fibonacci retracement

Stop loss: 1.11500

Why is it good: Horizontal swing high resistance, 38.2% fibonacci retracement

Take Profit: 1.09500

Why is it good: Horizontal swing low support, 61.8% fibonacci retracement

Analyst InstaForex
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