Analysis for beginners – EURGBP in a tjurmarknad

The current stock market upturn was halted at the 0,8765. The course is testing the important motståndsområdet at 0,8850. If the level is broken, it will go very quickly down to the it local support at 0,8765.

If the bears maintain control, the course can fall to 0,8640.

Option is an upward movement, which is found at the 0,8879. The resistance in this scenario will be a broken trend line.

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