EUR/USD 4H SHORT
EUR/USD May fall 70-100 pips
Insight - Price has dropped further at a rapid rate and formed a new downwards trend line with support at 1.0620 and resistance at 1.0804
the downwards trend is steep and price is likely to go down further.
Intraday - 4H
Trade: Sell
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0482
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
Insight - Price has dropped further at a rapid rate and formed a new downwards trend line with support at 1.0620 and resistance at 1.0804
the downwards trend is steep and price is likely to go down further.
Intraday - 4H
Trade: Sell
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0482
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
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