By Admiral Markets
Hi trader,
The EUR/USD is in a strong uptrend but price is building a bearish movement after hitting the 1.25 round level. The GBP/USD is following the EUR/USD with a similar retracement or reversal and USD/JPY is testing a key support zone.
Watch the 9 min video here:
Many green pips,
Chris Svorcik
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Article by Admiral Markets
Source: EUR/USD Reversal or Retrace at 1.25 (Weekly Forex Overview 29 Jan – 2 Feb ’18)
Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.
