EURUSD H4 | Bearish Reversal
Title
EURUSD H4 | Bearish Reversal
Type
Bearish Reversal
Preference:
price has just reacted off the pivot of 1.1045, an overlap resistance. A reverse from this level could lead the price to fall to 1st support at 1.0991, a pullback support close to 50% Fibo retracement
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.1098, a pullback resistance level.