Michael_Harding

EURUSD - 4Hr Might Pullback to 200 SMA

Short
FX:EURUSD   Euro / U.S. Dollar
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.

Trade Safe - All the Best

🛡️ Managed Accounts + Challenge Passing Services
➡️ manage.forex

1️⃣ MT4 Trading EA
➡️ tinyurl.com/2rz783d4

‍🎓 Mentorship Program
➡️ tinyurl.com/8wfnuucy

📈 Live Performance
➡️ tinyurl.com/y67rnwrd
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.