Rayyan_2805

Rayyan_2805

Possible long position for GBPUSD. Simple trend line bounce occurring. Small stop loss just under the trend line in the case of trend line being broken. Price has remained above the 200 EMA thus indicating a long bias. USD expected to drop a little bit therefore GBP expected to fly.

Rayyan_2805

FX:EURUSD Possible Long of EURUSD after big break and retest of trend line channel. Keep a close watch of the daily candle due to the fact that price could re enter the trend line channel and carry on downwards. This will occur if the daily candle from today close below the trend line. If not then we will see a successful pullback and price will bounce of trend...