Dear Traders,
The EUR/USD and GBP/USD are reaching a key support zone. A bearish breakout could indicate a reversal whereas a bounce might lead to a trend continuation.
The EUR/USD bearish break could be part of a wave C that takes price back down to the previous bottom at 1.1750 and 1.15 but a bullish breakout above 1.20 will confirm an uptrend continuation.
Check out the video for the full analysis and trade plans on 11- 12 January 2018:
Good trading,
Chris
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