EUR/USD is approaching its resistance at 1.1749 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.1529 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
EUR/USD is approaching its resistance where we expect to see a reversal.
Sell below 1.1749. Stop loss 1.1857. Take profit at 1.1529.
