Hi Traders,
the EUR/USD bearish breakout reached the main target zone at 1.17, which is where a strong bullish has occurred. How far can the bullish reversal go? The GBP/USD is also showing signs of a bullish reversal back up.
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The EUR/USD bullish rebound is aiming at the Fibonacci targets at 1.1850 and 1.1950.
The GBP/USD is also expected to build a bullish price swing with targets at 1.3880 and 1.3950.
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Good trading,
Chris Svorcik
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