{"id":117965,"date":"2017-12-11T07:02:50","date_gmt":"2017-12-11T12:02:50","guid":{"rendered":"http:\/\/countingpips.com\/?p=117965"},"modified":"2018-06-01T15:48:25","modified_gmt":"2018-06-01T15:48:25","slug":"key-bounce-or-break-decision-zones-for-major-currencies","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/12\/key-bounce-or-break-decision-zones-for-major-currencies\/","title":{"rendered":"Key Bounce or Break Decision Zones for Major Currencies"},"content":{"rendered":"
December 11, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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Hi Traders,<\/p>\n

The EUR\/USD is facing key resistance at 1.18 which could be a bounce or break spot. A bullish breakout could indicate an uptrend whereas a bearish bounce could extend the wave C.<\/p>\n

The GBP\/USD is showing bearish price action but strong support trend lines still stand in the way. The daily chart could offer break options.<\/p>\n

The USD\/JPY could be in an uptrend if price manages to stay above 113.<\/p>\n

Watch the 10 min video here:<\/p>

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