0806 WKP7 EURUSD looking for a sideway first

Hello traders,

EURUSD did not fail us by making a strong trend up.
We found it support zone on weekly and daily chart before.
Check this:

Now it is not a good time to buy it as the daily and weekly chart are both showing a high possibility for it to pullback.
It might restart an uptrend after finishing the sideways on daily chart as marked.
Or it will make a lower low as the end of the correcion for 300+ pips.

Good luck on this pair.
LESS IS MORE!