The pullback from EU is expected following the recent rally which is now currently at the 61.8% of the initial 1.1567 high. Price retraced at the 61.8% of the previous high and might do a KYM to test the 1.100 price level. If price breaks below the 1.100 then the trading opportunity would be to SHORT the pair, otherwise, go long from that level to target 1.156