Four-hour EUR/USD chart. The currency pair has consolidated below the four-hour supertrend line. Earlier the price failed to overcome the reversal level (7/8). These signals point to the development of the reversal pattern, within which we can expect a price decrease to the main support/resistance level 1.0742 (4/8) in the mid-term. Today we consider the scenario with the price decrease as a priority one.

Recommendations: Sell 1.0875 TP 1.0803