GBP/USD: the pound is moving down
On the daily chart of GBP/USD, bears managed to break the support at 1.27 and move the pair out of the triangle.
EUR/USD finished a wave
Recommendation:
BUY 1.1630 SL 1.1575 TP1 1.1820 TP2 1.1920
BUY 1.1520 SL 1.1465 TP1 1.1620 TP2 1.182 TP2 1,1920
On the daily chart, EUR/USD finished the wave 4-5 within the “Widening wedge”. Use pullbacks towards 23.6%, 38.2% and 50% for opening long positions. We don’t exclude the possibility that the prices will rebound from the lower border of the uptrend channel.
On H1, the break of diagonal support in the form of the lower border of the uptrend is a signal for a correction towards 113% and 88.6% targets of the junior and senior “Shark” patterns.
Ivan Karamazov
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EUR/USD is at the key support
EUR/USD is still supported by the 200-week MA at 1.1310. The pair came to the support line connecting November lows for the third time
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