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Profound_Ambition
May 22, 2023 5:07 PM

EURUSD H4 

Euro Fx/U.S. DollarFXCM

Description

Price is following a descending channel, currently making lower lows & highs. I am looking for price to pullback into previous key structure near 1.08450, for a potential downside reversal on the lower timeframe. This key region also aligns with the top of the descending channel, & if price slows down & shows some rejections, we may see the price continue the downtrend for a new potential lower low.
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