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Second round for EUR/GBP

29 September 2016

EUR/GBP

The EUR/GBP pair plunged again below the resistance level of 0.8628, which also serves as an upper part of the range in the daily chart:

The rate consolidated below the level in the 4-hour chart forming a bearish engulfing, and the pair managed to break the ascending channel. Let’s take another risk after the first unsuccessful shot and try to sell the pair with the current price (0.8615):

NZD/USD

Let’s sell kiwi away from broken ascending channel, which we have tried more than once:

Sell Limit 0.7400, Stop Loss 0.7450, Take Profit 0.7220.

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EUR/USD Forecasts 267 BTC/USD Forecasts 630 EUR/JPY Forecasts 178

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