EURUSD Approaching Resistance, Potential Reversal
EURUSD is approaching its resistance at 1.1513 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse to its support at 1.1340 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a potential reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a potential reversal could occur.
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