EUR/USD Breakout PullbackEuro / U.S. DollarFOREXCOM:EURUSDFOREXcomUSD has rallied since the Fed's rate cut announcement yesterday and that bullish DXY move continued through Thursday. If looking for USD-strength to continue, USD/CAD and perhaps even USD/JPY remain in order, but this setup is for those looking for USD-weakness to prevail. In that case, there's how a pullback in EUR/USD following the breakout from the bull pennant and inverse head and shoulders formation. Support has so far shown right around the 1.1748 level, which I've been highlighting in these posts over the past few months as this is the 78.6% Fibonacci retracement of the 2021-2022 major move. Given last week's reaction at ECB, that support potential could even be spanned down to 1.1686 which is the 76.4% retracement, and around where buyers had stepped in to hold higher-lows a week ago. If looking for USD-weakness, EUR/USD remains attractive, as does GBP/USD. - js