By Admiral Markets
EUR/USD is showing a strong downtrend but key daily support trend lines are standing in the way of full weekly trend, the GBP/USD broke the contracting triangle and is in a bearish momentum offering interesting trade setups, the USD/JPY is in a bounce or break spot and the AUD/USD remains stuck in a daily triangle.
Article by Admiral Markets
Source: Balancing Breakout vs Retracement
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