Hi everyone. For this outlook I take a look at the Euro USD and the Pound Swissy cross. We have had a good run especially for the Euro but have run into some fairly strong support for both pairs. I don’t think a retracement for both currency pairs is out of the question by any means. I have drawn up two “price trap” related trade plans. Lots of basic support and resistance as well as Fibonacci analysis. Good luck!!
David Pegler
For questions and comments email jkicklighter@dailyfx.com
Al Bawaba
