Euro / U.S. DollarShort
EURUSD testing resistance, potential reversal!
EURUSD is testing its resistance at 1.1728 (23.6% & 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where a reaction could occur, causing price to fall to its support at 1.1536 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 92% where a corresponding reaction could occur.
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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.