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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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EURUSD approaching resistance, potential big drop coming up!

Entry: 1.11657

Why is it good: Horizontal swing high resistance

Stop Loss: 1.12300

Why is it good: Horizontal swing high resistance, 61.8% fibonacci retracement

Take profit: 1.10670

Why is it good: Horizontal overlap support, 38.2% fibonacci retracement, 100% fibonacci extension

The material has been provided by InstaForex Company - www.instaforex.com