fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Technical Analysis for EUR/GBP  Thu Dec 05, 2013 11:00 am | |
|  Technical Analysis for EUR/GBP The EURGBP is retracing towards the broken major swing low at 0.8300-0.8320 areas, which should be considered a retest of the broken support ahead of resuming the bearish wave. Overall, the bearish bias continues to be favored, unless price manages to settle above this area Support: 0.8300, 0.8275, 0.8250, 0.8220, 0.200 Resistance: 0.8315, 0.8350, 0.8365, 0.8390, 0.8400 Recommendation Short below 0.8315 , targets at 0.8260 and 0.8200. Stop loss four-hour closing above 0.8350 | |
|
