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