09 Jul 2024
📈 [Sell Limit (Reversal)] EURUSD Bearish drop?
EUR/USD is rising towards the pivot point of 1.0844, which is a pullback resistance and could reverse from this level to the 1st support level of 1.0794, which is an overlap support that aligns with the 38.2% Fibonacci retracement.
Alternative Scenario:
However, if price breaks above the pivot, we could see price rise to the 1st resistance level of 1.0863, which is a pullback resistance.
