Week 3 2020 - EURUSD

Hi traders,

The EURUSD broke the trend channel, and came into the 110800 level, a key region for this currency.

The stochastic still shows bearish and the price is showing a pullback. Bearish plays below 111800, looking for retracements to the monthly pivot, 200SMA, and key support and resistance levels.

All the best,
Aardall