EURUSD is approaching its resistance at 1.165 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, overlap resistance) where a reversal to its support at 1.1595 (50% Fibonacci retracement, horizontal pullback support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 95% where a corresponding drop could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.