EURUSD H4 | Potential bearish reversal

Title
EURUSD H4 | Potential bearish reversal

Type
Bearish Reversal

Preference:
The price could rise to pivot at 1.10057, the swing-high resistance before pulling back and falling to 1st support level at 1.08772, an overlap support.

Alternative scenario:

Alternatively, the price could break through the support at the pivot level, 1.10057, and rise to the 1st resistance at 1.11422, a 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 | Potential bearish reversal

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