✅ EUR/USD, GBP/USD Analysis & Setups 10 – 12 June’20 ✅

2 min read

Hi Traders,

EUR/USD is in a tough spot at the 1.1360 resistance and could make a Wave C pullback. The GBP/USD needs a break above 1.2780 or will make a retracement back to the 144 ema support.

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The EUR/USD needs a pullback and rebreak above the 21 ema zone or a break above 1.1375 before long setups could work out. Otherwise a pullback could take place below the 21 ema zone.

The GBP/USD is building an expanding wedge and is now testing the resistance of the chart pattern.

Check out the video below for the full analysis and trade plans on 10-12 June 2020:

  • EUR/USD, GBP/USD technical analysis
  • Review of patterns, trends, key S&R levels
  • Explanation of potential trade ideas both up and down
  • Beginner friendly, explaining concepts in more detail

EUR/USD, GBP/USD video:

Good trading,
Chris Svorcik

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