EUR/USD approaching resistance, potential drop!



Trading Recommendation Entry: 1.11104 Reason for Entry:

Horizontal overlap resistance, 38.2% Fibonacci retracement, 78.6% Fibonacci extension Take Profit : 1.10667

Reason for Take Profit: horizontal swing low support, 61.8% Fibonacci retracement Stop Loss: 1.11541

Reason for Stop loss:Horizontal swing high resistance, 61.8% Fibonacci retracement


*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.