EURUSD, Pull-back then a fall?

EURUSD / 1D

Hello Traders, welcome back to another market breakdown.

EURUSD has been trading in a channel which is another type of trading ranges, the price has deviated above old highs forming a wedge pattern with 3 touches, which is a reversal pattern.

Safe play would be to wait for the pull-back to previous S/R level showen on the chart.

Trade safely,
Trader Leo.