EUR/USD, GBP/USD Bearish Retracement ? in Strong Bullish Impulse ?

Dear Traders,

The EUR/USD and GBP/USD bullish momentum is very impulsive but a bearish retracement is taking place at the moment. If price remains above the 38.2% or 50% Fibonacci support levels, traders can expect to see a continuation towards the Fibonacci targets at 1.24, 1.25 for the EUR/USD and 1.40 for the GBP/USD.

Check out the video for the full analysis and trade plans on 17 – 18 January 2018:

• 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

Good trading,
Chris

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