EUR/USD facing bearish pressure from resistance, potential for further drop!
Trading Recommendation Entry: 1.09948 Reason for Entry: Horizontal overlap resistance, 61.8% fibonacci retracement and 1.272% fibonacci extension Take Profit : 1.08706 Reason for Take Profit: Horizontal pullback support, 50% fibonacci retracement Stop Loss: 1.10692 Reason for Stop loss: 78.6% fibonacci retracement The material has been provided by InstaForex Company – www.instaforex.com