EURUSD ANALYSIS

 Good morning traders, I hope you're doing well, keeping warm and promoting peace as we approach the general elections next week on Tuesday. Into the markets today, EURUSD price rallied to a key supply level on H1 & H4 at 1.02860 & 1.02478 from a minor demand level on H1 & H4 at 1.01080 & 1.01370. Price filled the minor range from supply to demand and back to supply. Price has been ranging within this supply level and the minor demand as it held without being broken. Took sell entries during London session at 1.02486 with SL at 1.02720. 
Setup taken is a rally base drop, a reversal setup and my target is back to the minor H1 & H4 demand level amid the incoming NFP news to be released today.

Price dropped to 1.02230, retraced to 1.02370, then dropped with very strong momentum in one large bearish candle on H1 after the NFP release confirming the bearish sentiment. Price dropped 100 pips to the next demand level on H1 & H4 at 1.01327 & 1.01070, hitting my target and filling the minor range from demand to supply and back to demand. Price failed to break the demand level and reacted to it by causing a small rally to 1.02100.