After the drop from recent highs eurusd broke an outertrendline and as well some short term supports
The pullback offer us a good rr trade on the sell side. Expect price to react around 1.1802 followed by a rejection
More conservative traders can wait for a lower low lower close candle on 60m but the reaction to the level should be violent and fast.
Another way to confirm PA is to draw a dynamic support line on a 15m chart and wait for the break to confirm the rejection of the level
The pullback offer us a good rr trade on the sell side. Expect price to react around 1.1802 followed by a rejection
More conservative traders can wait for a lower low lower close candle on 60m but the reaction to the level should be violent and fast.
Another way to confirm PA is to draw a dynamic support line on a 15m chart and wait for the break to confirm the rejection of the level