Title
EURUSD H4 | Bearish reversal off pullback resistance

Type
Bearish Drop

Preference:

Price has reversed from a pullback resistance and we could see momentum carry price down to its 1st support at 1.04934 which is a pullback support level.  The pivot point is at 1.06014.

Alternative scenario:
If price breaks above the pivot point, it could hit the 1st resistance at 1.06569 which is a pullback resistance level.

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