EURUSD approaching resistance, potential drop!

18 ก.พ. 2019

EURUSD is approaching our first resistance at 1.1324 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.1286 (50% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
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