EUR/USD, GBP/USD Bullish Break or Bearish Bounce

November 20, 2017

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.

 

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