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

Trading 12 sept 2019 Donner votre avis

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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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The material has been provided by InstaForex Company - www.instaforex.com

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