EURUSD reacting off resistance, further potential drop!

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EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal swing low support).

RSI (89) is also approaching our descending resistance line and a reaction of this level might be a good precursor of a potential drop in price.

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Dropped nicely to our major support!! Did you mange to ride the wave down?