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Skandhatrade

#EURUSD approaching 4HR Resistance Area , the potential a Drop!

Short
Euro / U.S. Dollar (FX:EURUSD)  
Skandhatrade  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns EURUSD Forex forextrading forextradingzones
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trendanalysis harmonicpatterns chartpattern eurusd forex forextrading forextradingzones
#EURUSD Price is moving to demand and it is also react the 4HR resistance so it is possible to a drop And the price also expect touching the 50EMA and watch the any bearish candlestick formed in resistance area
Why we like it:
Price is moving to Resistance 4HR area
waiting for bearish candlestick formation
waiting for 50EMA retracement


1st support:
1.18355
Next Zone area & horizontal swing Low support

2nd support:
1.18166
Zone area & horizontal swing Low support

1st Resistance
1.18777
Zone area & horizontal swing high resistance
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