EUR/USD – 4 HRS TECHNICAL ANALYSIS
Trend is bearish in 4 hour chart. Intraday resistance is present at 1.1062 price level. So, as long as price stay below 1.1062 resistance level, look for sell trades. If bullish candlestick closes above 1.1062 critical resistance level then down trend is going to end.
By Theodoros Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk