EURUSD Approaching Resistance, Potential Reversal!
EURUSD is approaching its resistance at 1.1727 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could react off, causing it to fall to its support at 1.1596 (61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback support).
Stochastic (55, 5, 3) is testing its resistance at 95% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is testing its resistance at 95% where a corresponding reversal could occur.
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