EURUSD approaching resistance, potential reversal!
EURUSD is approaching our first resistance at 1.1814 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) and a strong reaction might occur below this level, pushing price down to our major support at 1.1734 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,3) is also approaching our major resistance and a reaction off this level might see a corresponding drop in price.
Stochastic (55,3) is also approaching our major resistance and a reaction off this level might see a corresponding drop in price.
Trade fermée: cible de profit atteinte
Caught the drop perfectly on this one :)Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.