EUR/USD testing resistance, potential reversal!

Exchange Rates 15.06.2020 analysis

Trading Recommendation

Entry: 1.12668

Reason for Entry: 23.6% fibonacci retracement and horizontal pullback resistance

Take Profit: 1.10978

Reason for Take Profit: 50% fibonacci retracement,horizontal swing low support

Stop Loss:1.13355

Reason for Take Profit: 61.8% fibonacci extension, horizontal swing high resistance, 50% fibonacci retracement

Source: EUR/USD testing resistance, potential reversal!

Spread the love

Related Articles

Leave a Reply

%d bloggers like this:

Our website uses cookies and thereby collects information about your visit to improve our website (by analyzing), show you Social Media content and relevant advertisements. Please see our cookies page for furher details or agree by clicking the 'Accept' button.