Hi Traders,
the EUR/USD is expected to test the key resistance Fibs at 1.1925 and 1.1950. This is a critical decision zone for a move up or down. The GBP/USD is testing resistance trend line again. Will price manage to break out?
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The EUR/USD is showing strong bearish momentum. But price action has also reached a key support zone on the daily chart. Will the bulls or bears win this battle?
The GBP/USD bullish breakout has plenty of space for more upside. The bulls seem in control as long as price action stays above the 1.3850 support.
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Good trading,
Chris Svorcik
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