Weekly Forex Overview: Break and bounce levels

July 18, 2016

By Admiral Markets

Analysis of the Forex market: the EUR/USD remains in a massive consolidation zone and Chris explains which levels are key to his trading plan. The GBP/USD retracement to 1.35 was very strong, is this a bullish reversal or a mere pullback for more downside? The AUD/USD is showing indecision but the USD/JPY has a massive weekly bullish candle that is hinting strongly to more bullish potential in the near term.

Article by Admiral Markets

Source: Weekly Forex Overview: Break and bounce levels


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