On Friday we closed our short positions on EURUSD.
Now, we expect a pullback to 1,1650 and from there, we will be looking for more selling opportunities.
We will be watching out for a reversal candlestick formation in order to make an entry.
This time our target will be price reaching and breaking below the previous low at 1,1563.
We're not entering a trade at current price levels, but instead, we are waiting for higher price values so we can have a better ratio!
In our next analysis we will be sharing with you the levels below 1,1563.