EUR/USD facing bearish pressure from resistance, potential for further drop!

Trading 12 sept 2019 Donner votre avis


EURUSD is facing bearish pressure from our first resistance where we could be seeing a further drop below this level.

Entry: 1.10238

Why it's good : horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% fibonacci extension

Stop Loss : 1.1066

Why it's good : horizontal swing high resistance

Take Profit : 1.09317

Why it's good: Horizontal swing low support, 61.8% fibonacci extension


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