🎦 EUR/USD, GBP/USD Analysis & Setups 17 – 18 Mar ’19 🎦

3 min read

Hi Traders, the EUR/USD is close to a key resistance zone which could send the pair down again. But this video explains why a bull reversal at 1.1250 could offer enormous potential. The GBP/USD is bouncing at the 38.2% Fibonacci support zone and could aim for one more higher high at 1.34-1.35. Please write a review on Forex Peace Army. The EUR/USD is approaching the top of a bearish channel which could be a bouncing spot for a move lower towards the 1.1250 support zone. A bullish rerversal however could finally indicate an increase of momentum.The GBP/USD upside becomes questionable if price breaks below the 50-61.8% Fibonacci support zone of wave 4. Otherwise a last bullish wave 5 of wave C is expected to finish at 1.34-1.35.

Check out the video below for the full analysis and trade plans on 17 – 18 Mar 2019:

  • 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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