Reason for Selling EUR/USD :
EUR/USD is moving between the ranges in H1 Chart by forming Higher highs and higher lows.
As per our Previous analysis on EUR/USD, we told our traders to wait for the Breakout to make good profits on EUR/USD.
As per our analysis, the Breakout happened at the bottom level and market re-tested the Breakout level and went down more.
After the confirmation of Breakout at the bottom level, we have given a Sell Signal on EUR/USD.
Finally the market reached our profit target successfully.
Why Re-testing the Breakout Level is more important?
If market re-test the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level.
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