AlgoVenture

EURUSD: Broke New Low, Sell the Pullback

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD has broken new low in 2-months and price has already begun its retracement.
As the dollar has recently broken anew high in 5 months, it is expected to climb further which gives a bearish EURUSD an advantage too.
Wait for the price to retrace further into the supply zone at 1.1190 which coincides with a falling trendline for a selling opportunity.
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