themarketzone

Touching the bottom of a trading channel - Limited upside

FX:EURGBP   Euro Fx/British Pound
$EURGBP may bounce from the bottom of a weekly trading channel (although the EUR is very weak), but it has a limited upside potential now that it has broken below a weekly uptrend line.
0.77-0.78 which was support zone , now become resistance.

Read this analysis and more trading ideas in this week's Weekly Markets Analysis trading newsletters:

http://marketzone.tumblr.com/post/108450596890/weekly-markets-analysis-18-1-15-and-so-it
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