Weekly Forex Overview: EUR/USD triangle, GU breakout

September 5, 2016

By Admiral Markets

The EUR/USD remains in a triangle with bearish bounce trades at resistance spots and bearish breakouts below trend lines, the GBP/USD continues its bullish breakout towards Fib targets, the USD/JPY completed 5 bullish waves and is expected to break the downtrend channel. The AUD/USD is still stuck in a small wedge.

Article by Admiral Markets

Source: Weekly Forex Overview: EUR/USD triangle, GU breakout


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