EURUSD, trend is changing.

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 breakout bellow then the next pull-back to the previous S/R level.

Trade safely,
Trader Leo.