EURUSD approaching resistance, potential drop!

Price is approaching our first resistance (horizontal overlap resistance, 100% Fibonacci extension, 50%, 78.6% Fibonacci retracement) where we might see a drop in price to our major support (61.8% Fibonacci extension, 50% Fibonacci retracement).
Stochastic is approaching resistance as well.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.