EURUSD Approaching Resistance, Prepare For A Reversal

EURUSD is approaching its resistance where we expect to see a reversal.

EURUSD is approaching its resistance at 1.1749 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance) where it could reverse down to its support at 1.1529 (50% Fibonacci retracement , horizontal swing low support).

Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Chart PatternsdollardollarindexDXYEUREURUSDGBPGBPUSDHarmonic PatternsTrend AnalysisUSDusdx

IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Również na:

Wyłączenie odpowiedzialności