? EUR/USD, GBP/USD Analysis & Setups 15 – 17 Apr ’20 ?

Dear Traders,

the EUR/USD is looking for a key breakout away from the range zone. The GBP/USD is making a pullback within the uptrend.

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The EUR/USD is likely to find support at 1.0850 or resistance at 1.1050. A breakout is needed before a larger price swing is possible.

The GBP/USD is probably in a wave 4 as long as price stays above the 50% Fibonacci support. A bullish continuation is aiming for 1.27-1.2750.

Check out the video below for the full analysis and trade plans on 15 – 17 Apr 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
Elite CurrenSea