By Admiral Markets
The EUR/USD is in a strong downtrend but a reversal could be possible if price bounces at the 61.8% Fibonacci and Keltner band. The USD/JPY has bounced at the 50% Fib and could build a bullish breakout whereas the GBP/USD could go either way but Chris shows which decision zones (or point of confluence) are critical.
Article by Admiral Markets
Source: EUR/USD, USD/JPY Bullish Rally
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