EURO is expected to swing and rise; EURO made the high 1.3489 and low 1.3425.The drop is week beginning false move. It is expected to make a new low below the low briefly during close of Japanese session and then swing and rise during European session to dip again towards close of European session to rise during US session above high.
GBP/USD is expected to swing and rise; GBP made the high 1.5178 and low 1.5120.The drop is week beginning false move. It is expected to go near low briefly during close of Japanese session and then swing and rise during European session to dip again towards close of European session to rise during US session above high.
Analysis by: Forexpros.com – Written by Dr. Sivaraman; Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether Forex online trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.