AlgoVenture

EURUSD Sell the Pullback after Breakout

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD has been falling within a falling channel for more than a month.

The pair is still showing strong bearish signs as it just broke below another consolidation and fell near the top of the falling channel.

Wait for pullback towards the supply level around 1.1560, between FR50% and 61.8%.

Target profit aim for 30 to 50 pips.
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