Weekly Forex Overview: EUR/USD Triangle, GU Breakout

The EUR/USD remains in a triangle with bearish bounce trades at resistance spots and bearish breakouts below trend lines, the GBP/USD continues its bullish breakout towards Fib targets.

The EUR/USD remains in a triangle with bearish bounce trades at resistance spots and bearish breakouts below trend lines, the GBP/USD continues its bullish breakout towards Fib targets, the USD/JPY completed 5 bullish waves and is expected to break the downtrend channel. The AUD/USD is still stuck in a small wedge.

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