Weekly Analysis: EUR/GBP at Multiple Resistance Levels
Weekly Analysis: EUR/GBP at Multiple Resistance Levels
Published June 23rd, 2006 - 05:04 GMT
Al Bawaba
Setup:
EUR/GBP tests the confluence of fibo resistance / trendline resistance Negative divergence on hourly suggests at least a small bounce off of resistance to the downside A break above presents a breakout opportunity to .6900 and .7000
