EURUSD H4 | Bearish Drop

Title
EURUSD H4 | Bearish Drop

Type
Bearish Drop

Preference:
Price has reacted the pivot point of 1.0943, A drop from this level could lead the price to fall to 1st support at 1.0902. an overlap support level

Alternative scenario:

If the price bounces the pivot, it could rise to 1st resistance at 1.0987, above swing high resistance

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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EURUSD H4 | Bearish Drop

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