By Admiral Markets
The GBP/USD downtrend faces and challenges 1.20 support. The USD/JPY uptrend is seeing a retracement back to the 38.2% Fibonacci level which offers potential for both counter trend and with the trend bounce setups. The EUR/USD triangle and AUD/NZD bull flag are showing chart patterns.
Article by Admiral Markets
Source: GU Challenges 1.20, EU Triangle, UJ Correction, AUD/NZD flag
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