Hi Traders,
the EUR/USD is testing a key 78.6% Fibonacci support zone. A bullish breakout could confirm the wave C up. The GBP/USD is also expected to complete a bearish wave B at the deep Fib support levels.
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The EUR/USD is likely to make a break and test the previous top around 1.1975, which is the next key decision zone.
The GBP/USD is either building a bullish ABC pattern or an ABCDE triangle chart pattern.
Check out the video below for the full analysis and trade plans on 22 – 23 Mar 2021:Β
Good trading,
Chris Svorcik
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