? EUR/USD, GBP/USD Analysis & Setups 20 – 22 Apr ’19 ?

2 min read

Hi Traders, EUR/USD remains choppy and corrective but a bearish breakout towards 1.1210 seems likely. There price will face strong 78.6% and 88.6% Fibonacci support zone. The GBP/USD must break the support or resistance of the contracting wedge. If you think our videos, analysis and education help you become a better trader, then we would certainly apprecaite your review on Forex Peace Army, thank you! The EUR/USD could show a bullish reversal at the deep Fibonacci levels if price confirms the bounce with strong bullish candlestick patterns. A daily candle break below 1.1180 could make a downtrend more likely. The GBP/USD daily chart remains key for a bullish or bearish break of the wedge.

Check out the video below for the full analysis and trade plans on 20-22 Apr 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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