EUR/USD H4 I Falling to support level?

Title
EUR/USD H4 I Falling to support level?

Type
Bearish Drop

Preference:

The price is falling from our pivot point of 1.099, A reverse from this point could lead the price to fall to the 1st support at 1.0959, a pullback support level

Alternative scenario:

However, if the price breaks above the pivot, it might rise to the 1st resistance at 1.1042, above the 161.8% Fibo extension

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

Source: Tickmill

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