EURUSD H4 | React off 38.2%

TitleEURUSD H4 | React off 38.2%TypeBearish ReversalPreference:Price is currently at our pivot point of 1.09038 which aligns with a 38.2% Fibo retracement. A reverse from here, price could fall to 1st support at 1.08497 which is an overlap support.Alternative scenario:However, if price breaks above the pivot, It could rally to 1st resistance at 1.0969To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.