In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 23rd session.
EUR/USD — Initially, the market rallied, but then rolled over due to resistance at 1.09. The 1.08 level at the moment looks supportive. You can see this market to go through
GBP/USD — You have a similar price action on this market. The pound gave up all the gain on Wednesday session as the 1.24 level offered strong resistance. You need to see a daily candle close above the 1.25 level, which is strong resistance, and a psychological barrier. The 1.20 level is calling to the downside.
© Prabhu for Forex Videos, 2020. |
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