SroshMayi

EURUSD 4H (SHORT TERM AFTER RETEST)

Kort
FX:EURUSD   Euro / USA-dollar
EUR vs. U.S. reached their Monthly low and still, it tries to reach 1.04152, the trading is under the bearish pressure

so now as long as trades under 1.0535 will drop to reach 1.0460 and 1.0415 and then close 4h candle under it will fall to reach 1.0300
it is possible to do a retest till 1.0581
the downtrend scenario will continue by stabilizing unde 1.0415 to get 1.03000

Stabilizing the price above 1.0581 will support rising to 1.0670

Pivot Price: 1.0532
Resistance prices: 1.0581 & 1.0632 & 1.0670
Support prices: 1.0491 & 1.0415 & 1.0300

Movement range will be between 1.0581 and 1.0415


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