EUR/USD made the bearish breakout and price swing as expected. Now it is aiming for the support zone at 1.1750 where a reversal could take place.
The EUR/USD made the bearish breakout and price swing as expected. Now it is aiming for the support zone at 1.1750 where a reversal could take place. The GBP/USD could develop a bearish breakout, pullback and continuation pattern.
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EUR/USD & GBP/USD Overview
The EUR/USD will make a key decision at the 1.1750 support zone for a long-term bearish breakout or a bullish reversal.
The GBP/USD is expected to make a new low unless price action clearly pushes above the 1.3825 resistance zone.
Check out the video below for the full analysis and trade plans on 8 – 10 September 2021:
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