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EUR/USD is Approaching Resistance, Potential Reversal

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EUR/USD is Approaching Resistance, Potential Reversal

Price is approaching our resistance in line with my 50% fibonacci retracement and 78.6% fibonacci extension where we could see a reversal below this level. Ichimoku could is showing signs of bearish pressure as well, in line with our bearish bias.


Trading CFDs on margin carries high risk.

Losses can exceed the initial investment so please ensure you fully, understand the risks.

Thank you guys.

Edited 15 Oct 2020, 14:55

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