EURUSD Approaching Resistance, Potential Reversal
EURUSD is approaching its resistance at 1.1376 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially reverse down to its support at 1.1337 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal may occur.
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