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Eurusd/gbpusd - page 2224

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EUR/USD bounced off 1.1060 and it's currently testing 1.1000 again. Depending on the fundamentals today we can see a breakout and a move to the downside towards 1.0950.
It is going to close bellow 1.10. That will be significant the next week
Choppy market environment!
arigoldman:
Choppy market environment!
Or a continued fall
whisperer:
Or a continued fall
With a strong downward momentum, the pair might just extend further decline before pull back to correction.
Gbp/Usd although the pair is holding around 1.24 level, but bearish potential is clear, next support level can be found at 1.2220.
EUR/USD is retracing after reaching the support at 1.0963 but that is likely only temporary. A breakout below the aforementioned support level will lead to a further drop towards 1.0820.
The pair tested the resistance at 1.1020, formed a pair of doji candlesticks on the four-hour time-frame and bounced off that level. It's currently testing the support at 1.0980 but it will likely continue falling.
Back to daily open. Waiting for market makers to decide
After the Draghi number, and his usual whipsaw, now we can contiue trading the ranging EURUSD (with mild bearish trend)
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