| Both the EURUSD and the GBPUSD moved lower in trading today and in the process erased much of the gains from yesterday. Each also saw the price move below their respection 100 hour MAs (rising) and fail on those breaks. The corrective moves have seen a rebound to shorter term upside targets that would give the buyers more hope IF the targets and momentum would continue. IN this video, I outline the targets needed to be broken and explain why. |
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