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 reversed from resistance zone
2019-11-11 • Updated
- EUR/GBP reversed from resistance zone
- Next sell target - 0.8900
EUR/GBP recently reversed down from resistance zone lying between the powerful resistance level 0.8960 (which has been reversing all upward impulse from last November, as can be seen from the daily EUR/GBP chart below) and the upper daily Bollinger Band. EUR/GBP is expected to fall further toward the next sell target at the next support level 0.8900 (former strong resistance from the start of July).
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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...