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FX.co ★ EUR/USD testing resistance, potential drop!

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Forex Analysis:::2019-12-05T04:36:14

EUR/USD testing resistance, potential drop!

EUR/USD testing resistance, potential drop!

Trading Recommendation

Entry: 1.10944

Reason for Entry: 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance

Take Profit : 1.09994

Reason for Take Profit: Horizontal overlap support, 61.8% Fibonacci retracement, 78.6% Fibonacci extension

Stop Loss: 1.11419

Reason for Stop loss:

horizontal swing high resistance, 78.6% Fibonacci retracement

Analyst InstaForex
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