Euro Index Approaching Resistance, Prepare For A Reversal

Euro index is approaching its resistance at 7.419 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 7.0073 (61.8% Fibonacci retracement, horizontal swing low support).

Stochastic (89, 5, 3) is approaching its resistance at 89% where a corresponding bounce could occur.
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