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