EURUSD H4 | Bearish Reversal
Title
EURUSD H4 | Bearish Reversal
Type
Bearish Reversal
Preference:
Waiting for the price to pullback to pivot of 1.1121. a pullback resistance. A drop from this level could lead the price to fall to 1st support at 1.1071, an overlap support close to 61.8% Fibonacci retracement.
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.1174, a multi-swing high resistance