Main Quotes Calendar Forum
flag

FX.co ★ EUR/USD testing major resistance, remain bearish

parent
Forex Analysis:::2017-06-05T15:09:35

EUR/USD testing major resistance, remain bearish

Price has reached our selling area and is testing that level. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, horizontal overlap support).

Stochastic (55,5,3) is seeing major resistance below the 95% level.

Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159.

EUR/USD testing major resistance, remain bearish

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...