CXY approaching resistance, potential drop!

CXY is approaching our first resistance at 7.0544 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6.9899 (50% Fibonacci retracement, horizontal overlap support).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsCXYcxylongcxyshortHarmonic PatternsTrend Analysis

👉👉 Join The OFA Inner Circle:

📓📓Learn Order Flow like a PRO:
ofa-course.com

🧑‍🏫🧑‍🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis

📧📧 DM me if doubts (100% response rate)
Also on:

Disclaimer