Tickmill
Singkat

EURGBP approaching channel resistance, keep an eye out on this!

FX:EURGBP   Fx Euro/Pound British
EURGBP             is approaching major channel resistance at 0.8972 ( Fibonacci retracement , Fibonacci extension , horizontal swing high resistance, channel resistance) and a strong reaction could occur at this level to push price down to at least 0.8842 support ( Fibonacci retracement , horizontal overlap support). Our next major level of resistance is at 0.9027 (major swing high resistance).

Stochastic (34,5,3) is seeing major resistance below 98% and a corresponding reaction could occur at this level.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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This analysis is provided as general market commentary and does not constitute investment advice.


Exactly what I had in mind :)
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