EUR/USD is approaching its resistance at 1.1506 (100% & 61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.1363 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.
EUR/USD is approaching its resistance where we expect to see a reversal.
Sell below 1.1506. Stop loss 1.1618. Take profit at 1.1363.
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