Price is approaching our first resistance where we are expecting a drop below this level.
Entry: 1.10628
38.2% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap resistance
Take Profit : 1.09994
Why it's good : 61.8% Fibonacci retracement, 78.6% Fibonacci extension, horizontal overlap support
The material has been provided by InstaForex Company - www.instaforex.com