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EUR/USD approaching resistance, potential breakout!

analytics5e54e38cf3016.png

Trading Recommendation

Entry: 1.08789

Reason for Entry: 100 %, 61.8% Fibonacci extension, 23.6% fibonacci retracement, Horizontal swing high resistance

Take Profit : 1.09523

Reason for Take Profit: 38.2% Fibonacci retracement, Horizontal swing high resistance, 100% Fibonacci extension

Stop Loss: 1.08430

Reason for Stop loss: 38.2% Fibonacci retracement

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