EUR USD, “Euro vs US Dollar”-forex technical analysis Report
Eurodollar has eliminated the gap and almost completed its correctional structure. We think, today, the price may start another descending movement towards level of 1.1090 and then return to level of 1.1185. After that, the pair may continue falling to reach level of 1.0930.
GBP USD, “Great Britain Pound vs US Dollar”
Pound has tried to expand its consolidation channel both downwards and upwards. We think, today, the price may expand it downwards again, to reach level of 1.5560 and then form another ascending structure with the target at level of 1.5940. After that, the market may continue falling inside the downtrend.
