Weekly Forex Overview: EURUSD & GU Bearish Impulse

May 23, 2016 07:35

The EURUSD is building a strong bearish channel, GBPUSD bounced at a bearish 78.6% Fib and is showing strong bearish momentum daily candle (plus find out what that means for trading), the AUDUSD is showing indecision at the 61.8% Fib level and the USDJPY is building a bullish rally but is facing a very stury resistance zone.