EURUSD is facing bearish pressure from our first resistance level where we could be seeing a further drop to our first support level.
Why it's good : 23.6% fibonacci retracement, horizontal overlap resistance, 61.8% fibonacci extension
Stop Loss : 1.09869
Why it's good : horizontal pullback resistance, 38.2% fibonacci retracement
Take Profit : 1.08732Why it's good: 100% fibonacci extension
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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