EUR/USD Strong Bearish Weekly Candlestick Has 1.15 as Target ??

Dear Traders,

The EUR/USD showed a very strong weekly bearish candle below the 1.17 support zone and price is now ready to move towards the next target at 1.15. Trade setups could occur this week after a bullish retracement or chart pattern. The EUR/USD also offers potential reversal trades at the 38.2% Fibonacci level around 1.1475-1.15 once daily candlestick confirm a bounce.

The GBP/USD is indecisive as price is unable to break below the long-term support levels but the strong bearish momentum could setup potential trade setups at resistance or after chart patterns appear.

Also, ecs.LIVE trades and analysis starts soon with 2 week free trial!

Check out the video for the full analysis and trade plans on 29 – 30 October 2017:

• EUR/USD, GBP/USD technical analysis
• Review of patterns, trends, key S&R levels
• Explanation of potentrial trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

See the video below for all of the details

Many Green pips,

Chris Svorcik