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FX.co ★ EURUSD testing resistance, potential reversal!

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Forex Analysis:::2020-06-24T07:11:49

EURUSD testing resistance, potential reversal!

EURUSD testing resistance, potential reversal!

Trading Recommendation

Entry: 1.13331

Reason for Entry: Descending channel resistance, 61.8% fibonacci retracement and 127.2% fibonacci extension

Take Profit: 1.11514

Reason for Take Profit: Horizontal pullback support, 50% fibonacci retracement

Stop Loss: 1.14188

Reason for Take Profit: Horizontal swing high resistance

Analyst InstaForex
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