Euro / U.S. DollarShort
EURUSD Reversed Off Resistance, Potential For Further Drop
EURUSD reversed off its resistance at 1.1629 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 1.1442 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop is expected.
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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.