EURUSD Testing Resistance, Potential Drop!
EURUSD is testing its resistance area at 1.1760 (100% Fibonacci extension, 23.6% & 76.4% Fibonacci retracement, horizontal overlap resistance) where it coul potentially fall to its support at 1.1647 (61.8% Fibonacci extension, horizontal overlap support).
Stochatic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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