Dear Traders,
The EUR/USD and GBP/USD bullish momentum is very impulsive but a bearish retracement is taking place at the moment. If price remains above the 38.2% or 50% Fibonacci support levels, traders can expect to see a continuation towards the Fibonacci targets at 1.24, 1.25 for the EUR/USD and 1.40 for the GBP/USD.
Check out the video for the full analysis and trade plans on 17 – 18 January 2018:
Good trading,
Chris
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