EURUSD Approaching Resistance, Prepare For A Reversal
EURUSD is approaching its resistance where we expect to see a reversal.
EURUSD is approaching its resistance at 1.1749 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it could reverse down to its support at 1.1529 (50% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
EURUSD is approaching its resistance at 1.1749 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it could reverse down to its support at 1.1529 (50% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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