EUR/USD at Resistance Confluence, GBP/USD & USD/JPY Wave 5

May 2, 2017

By Admiral Markets

The EUR/USD has reached an epic, long-term decision moment and zone as it approaches key resistance confluence at 1.10. The GBP/USD is in a triangle, which it could break bullishly towards 1.30. The USD/JPY is building a bullish break towards 112.50, which could be the starting spot of an ABC correction back to 110.

Article by Admiral Markets

Source: EUR/USD at Resistance Confluence, GBP/USD & USD/JPY Wave 5


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