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EURGBP: ⬇️ Sell EURGBP reversed from the resistance zone Likely to fall to support level 0.8460 EURGBP currency pair recently reversed down from the resistance zone between the resistance levels 0.8735 (former strong resistance from 2023) and 0.8625 (which reversed the price twice from the start of this year September.) This resistance zone was strengthened […]

The post EURGBP Wave Analysis appeared first on Action Forex.

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24/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9875; (P) 0.9896; (R1) 0.9909; More…. Intraday bias in EUR/CHF is turned neutral again as it retreated after edging higher to 0.9914. On the downside, break of 0.9876 minor support will turn bias back to the downside for retreat, back to 0.9728/9835 support zone. On the upside, sustained break of 61.8% projection […]
20/09/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6313; (P) 1.6383; (R1) 1.6448; More… Intraday bias in EUR/AUD remains on the downside for the moment. Firm break of 1.6256 support will resume whole fall from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. On the upside, above 1.6474 minor resistance will turn intraday bias neutral first. […]
08/01/2025

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6542; (P) 1.6597; (R1) 1.6649; More… Intraday bias in EUR/AUD stays neutral for the moment. Corrective pattern from 1.6800 could extend further. But strong support could be seen from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to bring rebound. Near term risk will stay mildly on the downside as long as […]