ICmarkets
Short

EURUSD Approaching Resistance, Potential Reversal

FX:EURUSD   Euro / U.S. Dollar
EURUSD is approaching its resistance at 1.1506 (100% & 61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1.1363 (61.8% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
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