Euro index Approaching Resistance, Prepare For A Reversal
Euro index is approaching its resistance at 6.9504(100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it could potentially drop to its support at 6.9159 (61.8% Fibonacci extension , horizontal swing low support).
Stochastic (34, 5, 3) is approaching its resistance at 91% where a corresponding bounce could occur.
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