EURUSD Approaching Resistance, Prepare For A Reversal


EURUSD is approaching its resistance at 1.1362(100%Fibonacci extension, horizontal swing high resistance, 76.4% Fibonacci retracement) where it is expected to reverse down to its support at 1.1292 ( 38.2% Fibonacci retracement,horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Chart PatternsEUREURUSDforexsignalsHarmonic PatternsTrend AnalysisUSD

Disclaimer