EURUSD approaching resistance, potential drop!

XAGUSD is approaching our first resistance at 1.13730 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 50%, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1322 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
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Chart PatternsEUREURUSDeurusdlongeurusdshortForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSD

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