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EurUsd- Will it drop to 1.05?

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Euro / Dollar AS (FX:EURUSD)  
Mihai_Iacob  
FX:EURUSD   Euro / Dollar AS
Trend Analysis Chart Patterns Technical Indicators eurusdtrade EURUSD eurusdsignals eurusdanalysis signals signalservice signalprovider Contains image
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EURUSD started the year badly, with the price falling more than 300 pips and reaching the important 1.07 zone support.
Now the pair is in a normal rebound after touching this level, the overall structure is bearish though.
1.08 is resistance and, in my opinion, rallies in that zone should be sold.
a reversal from that zone followed by a break of support could lead to a drop to important 1.05.
I'm bearish as long as the price stays under 1.09
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