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

2 min read

Dear Traders,

the EUR/USD is creating triangle between 1.11 support and 1.1150 resistance. The GBP/USD is retesting the 88.6% Fibonacci retracement level at 1.2950.

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The EUR/USD bullish break aims for 1.12 and 1.1250 targets whereas a bearish push is targeting the 1.10 zone.

The GBP/USD bullish bounce indicates a triangle pattern with a rise towards 1.32 whereas a bearish breakout means a zigzag pattern is taking place with a target at 1.2750.

Check out the video below for the full analysis and trade plans on 15 – 17 Jan 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

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