![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQoHJdxK3mt5SZ372jVdnOXGxfRN5TkUsH4VvdUdWFyhMEu-WE3fXYfLR4ghC0LwbztbH3-tKclgFe6Sd0OUqS2opHaen-H9KZPhfUQCZS-5t6nBBWtzwslyg_X8ZuYw5WkCuFVUrp_3C5/s640/eurusd+fibs.png)
- EURUSD Daily chart shows Death cross. Price has to sustain below 50 Day SMA for the cross to be effective.
- Right now price is moving towards 100 Day SMA which is a possible resistance level. Bearish cross will be ineffective if price starts to trade above 100 Day SMA.
- Last chart shows potential Fibonacci resistance levels.
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