Euro H1 | Pullback resistance at 50% Fibonacci retracementThe Euro (EUR/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.0794 which is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level.
Stop loss is at 1.0816 which is a level that sits above the 61.8% Fibonacci retracement level and an overlap resistance.
Take profit is at 1.0762 which is a swing-low support.
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Losses can exceed deposits.
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