ForexTrendline

Is it time for a pullback on EURUSD?

FX_IDC:EURUSD   Euro / Dollar AS
Today, we're expecting a test of the previous low and most probably a breakout as well which should take price around 1,0300.

Around those levels we could expect a pullback on the downfall that started at 1,1180.

That means we should look to close all of our short positions soon.

Once we form a confirmed low and we see reversal signals we could possibly start to look for long trades.

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