EUR/GBP ignores Doji formation at 50-DMA.
Resumes weakness below 50-DMA.
Scope for test of 200-DMA at 0.8859, further weakness only on break below.
Next major support below 200-DMA lies at 61.8% Fib at 0.8824.
55-EMA is immediate resistance at 0.8933. Break above 21-EMA required for further upside.
Good to go short on upticks, SL: 0.8960, TP: 0.8875/ 0.8860/ 0.8825
Resumes weakness below 50-DMA.
Scope for test of 200-DMA at 0.8859, further weakness only on break below.
Next major support below 200-DMA lies at 61.8% Fib at 0.8824.
55-EMA is immediate resistance at 0.8933. Break above 21-EMA required for further upside.
Good to go short on upticks, SL: 0.8960, TP: 0.8875/ 0.8860/ 0.8825
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Is extending weakness below 200-DMA.
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All targets hit