✅ EUR/USD, GBP/USD Analysis & Setups 23 – 24 Mar ’20 ✅

Dear Traders,

the EUR/USD is expected to decline towards the 88.6% Fibonacci support at 1.06. The GBP/USD is waiting for a bear flag and breakout for a move towards 1.1250.

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The EUR/USD is expected to continue lower within the downtrend channel on the weekly chart.

The GBP/USD bearish momentum remains strong. The downtrend is intact as long as price action stays below the 50% Fib at 1.2250.

Check out the video below for the full analysis and trade plans on 23 – 24 Mar 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