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- RES2:0.72012 (61.8% retracement of 0.7285 and 0.7639)
- RES3 : 0.7168 (200 day HMA)
- RES 2: 0.7119 (Cloud bottom)
- RES 2: 0.7095 (55 day H EMA)
PRICE: 0.7090 @11:51 GMT
- SUP1: 0.7060 (61.8% projection of 0.74820 to 0.71217 from 0.72822)
- SUP 2: 0.7022 (161.8% retracement of 0.71217 and 0.72822)
- SUP3: 0.6922 (100 projection of 0.74820 to 0.71217 from 0.72822)
- Sup4: 0.680
EUR/GBP has slighty recovered after making a low of 0.7063. Overall trend is bearish as long as resistance 0.7170 holds.
The Pair's minor resistance is around 0.7120 and break above will target 0.7170/0.7205.
It is good to sell on rallies around 0.7125 with stop around 0.7166 for the target of 0.7025.
