EURUSD Approaching Resistance, Potential Reversal!
EURUSD is approaching its resistance at 1.1283 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is could reverse down to its support at 1.1248 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
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