Euro / U.S. DollarShort
EURUSD Approaching Resistance, Prepare For A Reversal
EURUSD is approaching its resistance at 1.1409 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 1.1370 (23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.