Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/GBP broke key support level 0.8900
2019-11-11 • Updated
- EUR/GBP broke key support level 0.8900
- Next sell target - 0.8850
EUR/GBP recently broke below the key support level 0.8900 (former resistance from the start of July, which was set as the sell target in our previous forecast for this currency pair). EUR/GBP is expected to fall further in the active minor correction (iv) toward the next sell target at the next support level 0.8850 (38.2% Fibonacci correction of the upward impulse from May).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...