EUR/USD Bearish Momentum 📉 Tests 1.22-1.2250 Support Zone 🔵

Dear Traders,

The EUR/USD keeps falling with strong bearish pressure but price is now testing a key support zone at 1.22. A bullish bounce could indicate the revival of the uptrend whereas a bearish breakout shows a potential downtrend.

The GBP/USD invalidated the bullish wave pattern and will probably retest a key resistance zone. A bearish bounce at 1.3950 could see price fall towards 1.3750 whereas a break above 1.40 shows uptrend.

Check out the video for the full analysis and trade plans on 22-23 February 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

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Source:: EUR/USD Bearish Momentum 📉 Tests 1.22-1.2250 Support Zone 🔵