Michael_Harding

EURUSD - 4Hr Might Pullback to 200 SMA

Short
FX:EURUSD   Euro / Dollaro
The 4 hour chart above shows some bullish exhaustion as the bears start to close in. With that said, there's a good chance of another retest of the 200 SMA on the 4 chart before this pair makes higher highs. Stochastics is overbought and momentum candles have faded. This only leaves room for a possible reversal at this stage.

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