EURUSD H4 | React off resistance level?
TitleEURUSD H4 | React off resistance level?TypeBearish ReversalPreference:price is approaching our pivot point of 1.09574 which is an overlap support level that aligns with 50% Fibo retracement. A reverse from here, price could fall to1st support level at 1.09192 which is an overlap support level.Alternative scenario:However, if price breaks above the pivot, it could push to 1st resistance at 1.10211 which is an overlap 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.
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