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.
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