EURUSD Approaching Resistance, Potential Reversal
EURUSD is approaching its resistance at 1.1454 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 1.1392 (38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
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