EURUSD: Pullback After Breakout

2019年8月31日

EURUSD has finally broke and close below the key level 1.11.
Market set lower low, lower close, and on Friday it closed on a support line of a falling channel,
that matches perfectly with a strong demand zone on a weekly.

on Monday I expect seeing a pullback to the resistance of a falling channel.
But first, we need a reversal signal on 1H.
So patiently wait for a reversal formation before executing a trade.