EURUSD H4 | Potential reversal from 78.6%

TitleEURUSD H4 | Potential reversal from 78.6%TypeBearish ReversalPreference:The price is currently at our pivot point at 1.09254, along withEURUSD H4 | Potential reversal from 78.6%, which is an overlap resistance. If the price were to reverse, it could potentially drop to the 1st support level at1.10309Alternative scenario:However, if price were to break above the pivot point, it could push to 1st resistance at 1.08012.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.