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EURUSD approaching major resistance, prepare to sell

FX:EURUSD   欧元/美元
Sell below 1.1666. Stop loss at 1.1738. Take profit at 1.1572.
Reason for the trading strategy (technically):
Price continues to confirm our suspicion as it rises towards major breakout resistance. We remain bearish as we continue to expect a strong push up to selling area of 1.1666 ( Fibonacci retracement , horizontal pullback resistance, breakout area) for sell orders to be accumulated before a further push back down to 1.1572 support ( Fibonacci extension , horizontal swing low support).
Stochastic (21,3,1) is approaching major resistance at 96% where we expect a strong reaction from.
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Thank you for the good analysis!
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Thanks for your guidance sir MEX_Exchange, we all appreciate it..
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Really useful analysis on EURUSD, thanks!
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Lovely analysis... thanks!
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Thank you for the analysis!
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