ForexWizard01

EURUSD set for a drop!

Short
FX:EURUSD   Euro / U.S. Dollar
Currency Pair : EURUSD
Possible direction : Bearish
Technical Analysis : Price has just grabbed liquidity again on the 4h and started to drop after few days of consolidation. Weekly and monthly price is overextended to the upside may come down for a pullback. as the price still did not test the daily 20EMA, highly likely price will continue to drop as there is an imbalance toward the downside to daily support zone
Possible trade recommendation : Bearish as per chart sketch
Fundamental : Multiple high impact may put pressure on EUR
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