Title
EURUSD H4 | Beasrish reversal

Type
Bearish Reversal

Preference:
Price is rising toward the pivot point of 1.0878, a pullback resistance close to the 38.2% Fibonacci retracement level. A reverse from this level could lead the price to fall to 1st  support level at 1.0835, which is considered a multi-swing low support level.

Alternative scenario:
f the price breaks above the pivot, it could rise to 1st resistance at  1.0907, a pullback resistance level close to 61.8% Fibo retracement

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