Type: Bearish reversal
Key Levels: Resistance: 1.13879, pivot: 1.13602, and support: 1.12729
Preferred Case: EUR/USD is approaching a significant area of resistance on the graphical level and the stochastics indicator, the price could drop from a pivot at 1.13602 in line with the 78.6% Fibonacci retracement and said resistance to 1st support at 1.12729 where the swing low support and 78.6% Fibonacci retracement lies.
Alternative Scenario: Alternatively, the price may break the pivot structure and head for 1st resistance at 1.13879 in line with the 161.8% Fibonacci extension level.