EURUSD Signal

EURUSD 0.25% is approaching our first resistance at 1.1623 (horizontal overlap resistance, 100% Fibonacci extension , 61.8% Fibonacci retracement ) and a strong drop might occur below this level pushing price down to our major support at 1.1435 (horizontal pullback support, 61.8% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching our major resistance where we might see a corresponding drop in price should it react off this level.
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