Euro / DollaroShort
EUR/USD 4H SHORT
EUR/USD May fall 70-100 pips
Insight - Price has broken previous downwards trend line and tested resistance at 1.8204 support at 1.0620 is yet to be broken but trend is still in a downward trend
Intraday - 4H
Trade: Sell
Entry 1.0618
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0487
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
Insight - Price has broken previous downwards trend line and tested resistance at 1.8204 support at 1.0620 is yet to be broken but trend is still in a downward trend
Intraday - 4H
Trade: Sell
Entry 1.0618
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0487
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
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