EURUSD 4h
Supports : 1.10950 , 1.10850 & 1.10700
Resistances : 1.11200 , 1.11400 & 1.11500
In my opinion, this Run Up is of a correctional nature, and we should be visiting lows again.
Depending on that coming move, we’ll be able to determine is this going to be Finding Support for another rally up , reaching 1.12750 or a beginning of the full blown Downtrend – 1.07 area first target.
Based on the Daily pattern, this is too steep right now for some real advances up.
