The pair is continuing its pullback, reaching the 1,1030 level.

The first significant support is at 1,1005, which aligns with the previous high and the 38,2% Fibonacci retracement.

Key USD news is expected tomorrow, which could have a major impact on the market.

Until then, there isn't enough confirmation to justify any new entries, so it's best to wait.

Other potential opportunities to watch include GBPUSD, AUDUSD, and Gold!
FibonacciSupply and DemandTrend Analysis

✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov

💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Also on:

Disclaimer