EUR/USD tests resistance strong, get ready to sell




The price has rebounded to the perfection of our buyers in the area previously and is fast approaching our profit target. We turn bearish today looking to sell below 1.11744 resistance (Fibonacci retracement, horizontal recoil of the resistance) to the push down to at least 1.1653 of support (Fibonacci extension).

Stochastic (21,5,3), it is to see the great strength below 95%, and we expect a corresponding reaction from this level.

Sell below 1.1744. Stop loss is to 1.1793. Take profit is at 1.1653.



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