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Bullseye Markets News
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[QUOTE="bullseyemarkets, post: 184931, member: 59814"] [SIZE=6][B][B][COLOR=rgb(65, 168, 95)]Technical Analysis of EUR/GBP USD[/COLOR][/B][/B][/SIZE] [SIZE=4] [B][B][COLOR=rgb(184, 49, 47)]EUR/USD Charts Shows Winning Trend In Four- month[/COLOR] [/B][/B][/SIZE] The EUR/USD pair was ended at the level by 4.8% 1.19% and 1.36% this June, July, and May respectively. It will seem the four-month winning trend at the longest level. The daily chart relative quality file is presently separating higher from the trend line interfacing July 30 and Aug. 18 highs. Thusly, the pair may before long discover support above 1.1966 – the Aug. 18 that topped upside on Monday and challenge the mental obstacle at the level 1.20. The quick preference would turn bearish if the pair falls under Monday's low of 1.1884, which indicates a higher low example on the hourly chart. [SIZE=4][B][B][COLOR=rgb(184, 49, 47)]GBP/USD Keep Going to Seller above at Level 1.3350[/COLOR][/B][/B][/SIZE] The Cable Pair was traded at Intraday high at level 1.3358 and it will go down at the level 0.08% during the Tuesday Session. The failure of this pair will stay strong at the near levels of the multi-month high at the bearish candlestick on the daily chart. It will be increasing the further downside to the overbought conditions of the RSI. All things being equal, the traders are waiting for some time for an unmistakable drawback under a rising pattern line from July 31, right now around the level 1.3345, for new passages. In doing as such, the August 19 top close to the level 1.3265 and 21-day EMA level of 1.3142 will be on their radars. On the other hand, the pair needs to cross 1.3400 round-figures to oppose the earlier day's candle development and challenge December 2019 summit including at level 1.3515. To know more visit [URL]https://bullseyemarkets.com/[/URL] [/QUOTE]
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