Euro / British PoundShort
EURGBP Reversed Off Resistance, Potential Drop!
EURGBP has reversed off its resistance area between 0.8936 and 0.8954 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where price could rise up to before reversing down to its support at 0.8867 (100% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (89, 5, 3) has reversed off its resistance at 95% where it has alot of downside potential.
Stochastic (89, 5, 3) has reversed off its resistance at 95% where it has alot of downside potential.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.