EURUSD Reversed Off Resistance, Potential Drop!

By ICmarkets
Broker
EURUSD reversed off its resistance at 1.1626 (61.8% Fibonacci extension, 38.2%, 50% Fibonacci retracement, horizontal overlap resistance) where price could drop further to its support at 1.1533 (horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.
Chart PatternsEUREURUSDeurusdshortForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
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