By Admiral Markets
Hi traders,
The EUR/USD is testing the support at 1.1725 and resistance at 1.18 and will break above or below S&R. The GBP/USD is still in a long-term sideways range whereas the USD/JPY bearish reversal is finally taking place as it approaches the 38.2% Fib support.
Watch the 9 min video here:
Many green pips,
Chris Svorcik
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Article by Admiral Markets
Source: EUR/USD, GBP/USD Bullish Break or Bearish Bounce
Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.
