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EURUSD ( UNDER BEARISH PRESSURE ) ( 4H )

Oleh ArinaKarayi
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EURUSD

HELLO TRADERS

  • Tendency , the price is under bearish pressure until trade below turning level .

  • TURNING LEVEL : the price of turning level around 1.091 , indicates the price trade below this level reach a support level , but if breaking this level reach a resistance level .

  • RESISTANCE LEVEL (1) : around 1.094 , for reach this level will be breaking turning level .

  • RESISTANCE LEVEL (2) : around 1.097, for reach this level will be breaking by open 4h candle above resistance level (1) , it make created a new historical peaks .

  • SUPPORT LEVEL (1) : support level at 1.087, for reach this level the price will be trading below
  • turning level .

  • SUPPORT LEVEL (2) : this support level at 1.084 , for reach this level will be breaking by open 4h candle below support level (1) .

  • CORRECTIVE LEVEL : the price retest 1.091 , before dropping .

TARGET LEVEL :
  • RESISTANCE LEVEL : 1.094 , 1.097.
  • SUPPORT LEVEL : 1.087 , 1.084 .
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ArinaKarayi

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