✅ EUR/USD, GBP/USD Analysis & Setups 17-18 June ’18 ✅

Dear traders,

the EUR/USD, GBP/USD bearish momentum is strong and price is expected to continue lower once the bullish pullback is completed.

The EUR/USD downtrend seems ready to aim at 1.1450, which is the 50% Fibonacci level from the weekly chart. The current pullback seems almost completed and a bearish breakout could confirm it. Traders need to keep an eye on reversal patterns in case the retracement extends higher.

The GBP/USD is building a similar pattern as the GBP/USD and could have space down to 1.30 if price breaks below 1.32 support.

Check out the video for the full analysis and trade plans on 17-18 June 2018:

• 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

See the video below for all of the details

Good trading,
Chris Svorcik
Elite CurrenSea

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