As per my previous post I am currently bearish on EURUSD, at least on the 4H. Price delivered nicely to the previous target and it now seems to be retracing. I have highlighted 2 areas of interest where I expect price could bounce off and continue its bearish push. The plan is to wait for price to tap into those zones and then switch to a lower timeframe to look for entries. Keep in mind price could just as well move much higher and I would easily switch my sentiment if price breaks above the higher zone.
Trade closed: target reached:
Target has been reached once again.