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AlgoVenture

EURUSD: Wait for Pullback to Buy

Long
Euro / U.S. Dollar (FX:EURUSD)  
AlgoVenture  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD euro dailyforecast dailyanalysis dlifestyletrader
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trendanalysis chartpattern eurusd euro dailyforecast dailyanalysis dlifestyletrader
The EURUSD turned out accordingly to what was forecasted in the weekly forecast.
The price broke out of the consolidation for the first time but pulled back immediately.
Based on the current structure, the EURUSD will continue if it doesn't break and close above 1.12.
Wait for the price to fall and pull back further into the immediate supply zone at 1.112 to buy.

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EURUSD: Weekly Forecast 12th - 16th August
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