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sussexforex
May 16, 2017 2:05 PM

#EURGBP: Confluence of 3 resistance & potential for inverse H&S  

FX:EURGBP1D
Euro Fx/British PoundFXCM

Description

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Confluence of three resistance: 0.8600 is 200 DMA, trend line resistance, and 61.8fib these 3 can act as resistance
If it breaks this resistance, then in breakout territory and inverse Head & Shoulder comes into place and takes this up to 0.8800.
EURGBPeurgbptrend
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