EURUSD H4 | Potential reverse from 78.6% ?
Price is heading toward resistance level which could reverse from this level with lines up with 78.6% Fibonacci retracement
Entry: 1.0689
Why we like it:
There is an overlap resistance which lines up with the 78.5% Fibonacci retracement
Stop Loss: 1.0777
Why we like it:
There is an overlap resistance
Take Profit: 1.0548
Why we like it:
There is a swing low support.
Entry: 1.0689
Why we like it:
There is an overlap resistance which lines up with the 78.5% Fibonacci retracement
Stop Loss: 1.0777
Why we like it:
There is an overlap resistance
Take Profit: 1.0548
Why we like it:
There is a swing low support.
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