The EUR/USD is struggling to break up but price could show a bullish bounce if it stays above 1.16 support. The targets are at 1.18 and 1.20. The GBP/USD is also in an uptrend and likely to continue higher if price bounces above 1.2980-1.30. Check out our education & research page at ECS.
EUR/USD is having difficulties to break away from the 144 ema close but a break above 1.1730 could finally see price move up with momentum. A break below the 21 ema zone on the 4 hour chart could indicate a larger bearish correction towards 1.1450-1.15 support zone.
GBP/USD is above the 21 ema zone and in a bullish uptrend channel. A bullish continuation could see price aim at 1.3150 and then 1.3250-1.33. A bearish breakout below the 1.2975 support could indicate a reversal but only if price shows a weak pattern after the break.
Check out the video for the full analysis and trade plans on 13-15 September 2018:
Good trading,
Chris Svorcik
Elite CurrenSea
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