EURUSD, H4
![EURUSDH4.png](https://eu-images.contentstack.com/v3/assets/blt73dfd92ee49f59a6/bltf14258c278e1975a/667be674c59d0344ec7f56fb/EURUSDH4.png)
On the H4 chart, EURUSD is navigating within a downtrend and facing a crucial 1.0690 support zone. The 50-MA crosses the 100- and 200-MA’s, potentially signaling a bearish sentiment.
- If the price rebounds from the support zone, it will likely lead to a rise toward 1.7400
- However, breaching below the support will indicate a decline to 1.0650 support.