EUR/CAD Reversed Off Resistance, Prepare For Further Drop
November 20, 2018 11:21 am
EUR/CAD reversed off its resistance at 1.5113(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.5017 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 96% where a corresponding drop is expected.
EUR/CAD reversed off its resistance where we expect to see a further drop.
Sell below 1.5113. Stop loss at 1.5201. Take profit at 1.5017.
The material has been provided by InstaForex Company – www.instaforex.com
EUR/CAD reversed off its resistance at 1.5113(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 1.5017 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 96% where a corresponding drop is expected.
EUR/CAD reversed off its resistance where we expect to see a further drop.
Sell below 1.5113. Stop loss at 1.5201. Take profit at 1.5017.
The material has been provided by InstaForex Company – www.instaforex.com
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