EUR/USD Reversal or Retrace at 1.25 (Weekly Forex Overview 29 Jan – 2 Feb ’18)

January 29, 2018

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.

 

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