Potential Bearish Momentum

Title Potential Bearish MomentumType Bearish DropPreference: Price is currently trading around the pivot point of 83.241 and strong bearish momentum could potentially drive price lower down towards its 1st support at 82.345 which is a pullback support level.Alterna...

Potential Bearish Momentum
TitlePotential Bearish MomentumTypeBearish DropPreference:Price is currently trading around the pivot point of 83.241 and strong bearish momentum could potentially drive price lower down towards its 1st support at 82.345 which is a pullback support level.Alternative scenario:If price reverses from the pivot point, it could hit the 1st resistance at 83.786 which is a pullback resistance level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.