EURUSD approaching resistance, potential drop!

2019년 1월 29일EURUSD is approaching our first resistance at 1.1446 (61.8% Fibonacci retracement , 61.8% Fibonacci extension, horizontal overlap resistance )where we might see a drop in price to our first support at 1.1266 ( 78.6% Fibonacci retracement , 61.8% Fibonacci extension, horizontal swing low support ).

Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.

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