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EUR/USD testing resistance, potential reversal!

analytics5ee6f6e3e14d8.jpg

Trading Recommendation

Entry: 1.12668

Reason for Entry: 23.6% fibonacci retracement and horizontal pullback resistance

Take Profit: 1.10978

Reason for Take Profit: 50% fibonacci retracement,horizontal swing low support

Stop Loss:1.13355

Reason for Take Profit: 61.8% fibonacci extension, horizontal swing high resistance, 50% fibonacci retracement

The material has been provided by InstaForex Company - www.instaforex.com