Title
EURUSD H4 | Bearish continuation Expected?

Type
Bullish Bounce

Preference:

Price has just fallen from our pivot point of 1.08376 which is an overlap resistance level. A reverse from here, price can fall to 1st support at 1.07763

Alternative scenario:

However, if price breaks above the pivot, it could rise to 1st resistance at 1.09014 which is a pullback resistance level

To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.