EUR/USD facing bearish pressure from resistance, potential for further drop!

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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

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