EURUSD Bearish Reversal Opportunity
EURUSD is facing Bearish momentum from a key resistance zone. A potential Bearish reversal seems in play as the price action has tested the previous Higher Low.
Bears may eventually face a strong support zone around 1.09157 till 1.08576. If this zone breaks, chances of TP2 will increase.
Trade Plan:
4Hr Time Frame
Entry @ 1.1092 OR Mkt Price
Stop Loss @ 1.12240
TP1 @ 1.0960
TP2 @ 1.0828
No. of Trades: 2
Move Stop Loss to Break even if TP1 hits.
Bears may eventually face a strong support zone around 1.09157 till 1.08576. If this zone breaks, chances of TP2 will increase.
Trade Plan:
4Hr Time Frame
Entry @ 1.1092 OR Mkt Price
Stop Loss @ 1.12240
TP1 @ 1.0960
TP2 @ 1.0828
No. of Trades: 2
Move Stop Loss to Break even if TP1 hits.
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