Title
EURUSD H1 I Bearish Drop

Type
Bearish Reversal

Preference:
Price is currently at the pivot of 1.1131, an overlap resistance close to 38.2% Fibo retracement. A reverse from this level could the price to fall to 1st support at 1.1046, a pullback support close to 61.8% Fibo retracement.

Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.1193, a multi-swing high resistance

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