The EUR/USD is showing bearish pressure which is probably an ABC zigzag correction IF price manages to bounce and reverse at the 1.13 support zone. The GBP/USD is again testing the bottom of a large daily triangle chart pattern. Special “Black Friday” discount and offer: https://www.elitecurrensea.com/promotions-black-friday-2018/
The EUR/USD break above the 21 ema resistance zone on the daily chart could confirm the bullish move towards the 1.1750 target whereas a break below 1.13 could see a potential downtrend if the chart patterns remain bearish. The 1.13 support zone is also a potential head & shoulders reversal chart pattern.
The GBP/USD is vulnerable to Brexit news and for the moment seems to be building a large triangle pattern.
Check out the video below for the full analysis and trade plans on 25-26 Nov 2018:
Good trading,
Chris Svorcik
Elite CurrenSea
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