EURUSD Potential For Bearish Drop

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EURUSD Potential For Bearish Drop

Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. However, the price seems to be heading towards the Ichimoku cloud, so I am looking for a sell at 1.04818, where the 38.2% Fibonacci line is. Stop loss will be at 1.05948, where the previous swing high is. Take profit will be at 1.03305, where the 88% Fibonacci line is. #OPINIONLEADER#

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