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  4. EUR/USD Bullish Bounce at Key Zone

EUR/USD Bullish Bounce at Key Zone

February 26, 2018 08:31

Dear traders,

The EUR/USD is testing a key support zone at 1.22. A bullish reversal could see price test the previous top, Keltner Channel and Weekly PP at 1.25. The GBP/USD is also testing a key resistance trend line at 1.4050.

Here to a break could see price test 1.4250 top. And the USD/JPY is moving lower and could drop for one more lower low at 105.

Follow Admiral Markets on Facebook – @AdmiralMarkets on Twitter – for the latest market updates.

Many green pips,

Chris Svorcik

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