EURGBP is approaching a Triple Support combination: Support A (0.85500), the bottom of the Channel Down, and the 1day RSI's Channel Down bottom.
The 1day RSI is also oversold under 30.00.
As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500.
If it closes under Support A, sell and target Support B at 0.83700.
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The 1day RSI is also oversold under 30.00.
As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500.
If it closes under Support A, sell and target Support B at 0.83700.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.