Price is approaching our first resistance 109.01 (horizontal pullback resistance, 23.6& 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop to our major support 107.85(horizontal swing low support) might occur. Stochastic is also approaching resistance where we might see a drop.
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Come join us today at : easymarkets.com/
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.