EUR/USD, GBP/USD Analysis & Setups 22 – 23 Mar 2021

The EUR/USD is testing a key 78.6% Fibonacci support zone. A bullish breakout could confirm the wave C up. The GBP/USD is also expected to complete a bearish wave B at the deep Fib support levels.

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EUR/USD & GBP/USD Overview

The EUR/USD is likely to make a break and test the previous top around 1.1975, which is the next key decision zone.

The GBP/USD is either building a bullish ABC pattern or an ABCDE triangle chart pattern.

Check out the video below for the full analysis and trade plans on 22 – 23 Mar 2021:

EUR/USD, GBP/USD technical analysis: patterns, trends, key S&R levels

• Explanation of potential trade ideas both up and down
• Beginner friendly, explaining concepts in more detail

EUR/USD & GBP/USD Video

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Good trading,

Chris Svorcik
CTA