EUR/USD Challenges 🏁 Key Resistance Decision Zone at 1.17 🏁

Dear Traders,

the EUR/USD is testing a key resistance decision zone at 1.17-1.1750. A bullish breakout on the daily chart marks the end of wave 4 and the start of bullish wave 5 whereas reversal candlestick patterns could expand the bearish correction down to the 38.2% Fib support at 1.15.

The GBP/USD remains choppy and could be building a bullish ABC zigzag unless price breaks with strong bearish daily candle.

Check out the video for the full analysis and trade plans on 14-15 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

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Source:: EUR/USD Challenges 🏁 Key Resistance Decision Zone at 1.17 🏁

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Elite CurrenSea
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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