EURUSD,H4

SHORT TERM TECHNICAL ANALYSIS

The pair is now reacting on the 21 Simple Moving Average support zone on the 4-hourly time frame. A close below pink trendline marked X may land price into immediate support zone around 1.14095 marked by horizontal line T. A close below the zone can bring the price to retest the previous 4-hour lows around 1.12745 zone marked V.