ICmarkets

EURUSD Reversed Off Resistance, Potential Drop!

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD reversed off its resistance at 1.1440 (38.2% & 23.6% Fibonacci retracement, horizontal overlap resistance) where it could drop further to its support at 1.1301(horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.

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