EUR/USD: price to test the 34 Moving Average
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
GBP/USD falling inside minor ABC correction 2
- GBP/USD falling inside minor ABC correction 2
- Next sell target - 1.3000
GBP/USD continues to fall inside the minor ABC correction 2 – which previously broke through the support zone lying between the key support level 1.3270 (former resistance level from August and September) and the 50% Fibonacci correction of the previous upward price impulse from the end of August. The breakout of this support zone accelerated the active ABC correction 4. GBP/USD is expected to fall further to the next sell target at the next round support level 1.3000.
Dmitry Chernovolov
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