Dear Traders,
the EUR/USD downtrend is ready for a continuation decline towards 1.10-1.0940. The GBP/USD triangle pattern remains valid and a bearish test of the 1.30 support is expected next.
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The EUR/USD is awaiting another wave 4-5 before a larger bullish reversal could take place.
The GBP/USD triangle pattern means that price is likely to build a bearish ABC zigzag pattern.
Check out the video below for the full analysis and trade plans on 26 – 28 Jan 2020:
Good trading,
Chris Svorcik
Elite CurrenSea
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