Main Quotes Calendar Forum
flag

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

parent
Forex Analysis:::2017-09-07T02:05:56

EUR/USD testing major resistance, remain bearish

The price continues to test major resistance at 1.1945 (Fibonacci retracement, horizontal overlap resistance) and we expect a strong reaction from this level to push the price down to at least 1.1825 support (Fibonacci extension, horizontal overlap support).

Stochastic (34,5,3) is seeing major resistance below 94% where we expect a drop from.

Sell below 1.1945. Stop loss is at 1.1989. Take profit is at 1.1825.

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...