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EUR/USD Breaks 1.16 Support πŸ”΅ GBP/USD Still in Triangle πŸ”΄

Posted On 07 Nov 2017
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Dear Traders,

The EUR/USD break below the 1.16 support could indicate an intra-day continuation towards the 38.2% Fib target near 1.15.

The GBP/USD is respecting the 50% Fib resistance but the larger daily candle could pose danger.

Check out the video for the full analysis and trade plans on 7-8 November 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

(more…)

Source:: EUR/USD Breaks 1.16 Support πŸ”΅ GBP/USD Still in Triangle πŸ”΄

About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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