Swing high resistance ahead?

  • November 27, 2025
  • Posted by: EWGFX
  • Category: Technical analysis
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EUR/USD is rising towards the resistance level which is a swing high resistance and could reverse from this level and drop to our take profit.

Entry: 1.1649
Why we like it:
There is a swing high resistance that aligns with the 100$ Fibonacci projection.

Stop loss: 1.1699
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension.

Take profit: 1.1554
Why we like it:
There is a pullback support level.