EURUSD H4 I Bearish Drop
Title
EURUSD H4 I Bearish Drop
Type
Bearish Reversal
Preference:
Price has just reacted the pivot of 1.1084, an overlap resistance close to 50% Fibo retracement. A drop from this level could lead the price to fall to 1st support at 1.1019, a pullback support.
Alternative Scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1,1155, a swing high resistance