Euro index Approaching Resistance, Prepare For A Reversal

3 апр. 2019 г.

Euro index is approaching its resistance at 6.9504(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 6.9159 (61.8% Fibonacci extension, horizontal swing low support).

Stochastic (34, 5, 3) is approaching its resistance at 91% where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.