EUROUSD has been heading towards the South on the H4 and daily chart. The price now is at the support level where the daily candle had a bounce earlier. Today’s price action has been bearish. However, to have a daily breakout, today’s daily candle is to close below the support level. The sellers would love to get a daily breakout at the support level. On the other hand, the buyers would love to see the price get another bounce. Let us have a poll on this.
Scenario 1: The price will be held by the support level and it will head towards the North.
Scenario 2: The price will breach the support level and it will head towards the South.