Euro Breather

The AUDUSD is still looking strong and is fighting it's way up.

The EURUSD has ht a fib breather level and is struggling this morning. It has reversed and is down about 40 pips from the open. Check the candle at the end of the day if not already in this.

THE GBPUSD also hit a fib breather and subsequently reversed today. So far this pair is down 100 pips this morning but unfortunately we did not see the set up in time so are not in it. If you are already in this trade that now is the time to manage it.


Chart courtesy of Advanced Get. Data provided by eSignal.


Forex Analysts
Javid Shaik & Anne Chapman