FX.co ★ EUR/USD break below downside confirmation could trigger further drop

Trading Recommendation

Entry: 1.13549

Reason for Entry: Horizontal overlap support and 38.2% fibonacci retracement

Take Profit: 1.11983

Reason for Take Profit: 38.2% retracement and horizontal swing low support

Stop Loss: 1.14284

Reason for Take Profit: 100% fibonacci extension