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Klimex

Euro Index Approaching Resistance, Prepare For A Reversal

Short
EURUSD/1.12+EURJPY/125.39+EURGBP/0.85+EURCHF/1.12+EURCAD/1.5+EURNZD/1.65+EURAUD/1.58  
Klimex  
EURUSD/1.12+EURJPY/125.39+EURGBP/0.85+EURCHF/1.12+EURCAD/1.5+EURNZD/1.65+EURAUD/1.58  
Trend Analysis Harmonic Patterns Chart Patterns EUR EURUSD euroindex forexsignals
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trendanalysis harmonicpatterns chartpattern eur eurusd euroindex forexsignals




Euro index is approaching its resistance at 7.419 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 7.0073 (61.8% Fibonacci retracement, horizontal swing low support).

Stochastic (89, 5, 3) is approaching its resistance at 89% where a corresponding bounce could occur.
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