EURGBP – Sellers trending might continue soon
Trend: Strong Sell
Support/Resistance:
R3: 0.87143
R2: 0.86645
R1: 0.85998
S1: 0.85402
Price action:
We are waiting for holding price below new resistance level at 0.85998. If price will bunce from this level, we can see bears targets to 0.85402. If buyers are able to break resistance level at 0.86645, then they might continue to 0.87143 resistance level.
Potencial trade idea:
Bulls targets:
T1: 0.87143
Bears targets:
T1: 0.85402
NOTE – We are trading EURGBP via the preferred trading setups
ELITEFXACADEMY
Trend: Strong Sell
Support/Resistance:
R3: 0.87143
R2: 0.86645
R1: 0.85998
S1: 0.85402
Price action:
We are waiting for holding price below new resistance level at 0.85998. If price will bunce from this level, we can see bears targets to 0.85402. If buyers are able to break resistance level at 0.86645, then they might continue to 0.87143 resistance level.
Potencial trade idea:
Bulls targets:
T1: 0.87143
Bears targets:
T1: 0.85402
NOTE – We are trading EURGBP via the preferred trading setups
ELITEFXACADEMY