Dear Traders,
The EUR/USD is close to a key support zone which could create a bullish reversal. The confirmation of the reversal occurs when prices shows a bullish breakout above 1.2350. Whether price will manage to break above the 1.25 top depends on how the price and wave patterns will develop during the bullish breakout.
The GBP/USD is in between key support and resistance levels and needs to show a bullish breakout for an uptrend continuation and a bearish breakout for a larger reversal.
Check out the video for the full analysis and trade plans on 25-26 February 2018:
Good trading,
Chris Svorcik
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