EURUSD Index Approaching Resistance, Prepare For A Reversal
EURUSD is approaching its resistance at 1.1246 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 1.1184 (horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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