H4 Status Update and S/R Levels
- Currently price is struggling to drop below 1.1131 area which is a support area affected by the "closing" price of most recent H4 candles. Therefore unless there is a "close below" this 1.1131 level bulls have a chance to climb above 1.1141 and especially above 1.1166
- On the bearish side: Any strong bearish momentum triggered by news could be heading towards 1.1094 area first. If that level can't act supportive next drop would be all the way down to 1.1050.
- On chart below I simply marked the potential range that I have in mind for today.. Trade safe
Be a seer, not a looker!