EUR/USD and GBP/USD overview [Video]
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EUR/USD is testing a key 21 ema resistance zone on the 4 hour chart. A bullish breakout could start a larger reversal.
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The GBP/USD is expected to test the bottom again and build a descending wedge pattern.
The EUR/USD is in a downtrend channel but price action could be completing an ABC pattern as long as daily candlestick does not break below the bottom.
The GBP/USD is expected to decline below the 88.6% Fibonacci and test the double bottom.
Check out the video below for the full analysis and trade plans on 22 - 24 September 2021:
The analysis has been done with the indicators and template from the SWAT method simple wave analysis and trading. For more daily technical and wave analysis and updates, sign-up to our newsletter
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