EURO/USD Euros continued the weaker from Monday and lower to 1.3830, now recovering well and currently have a small base pattern on the 60 min charts which should provide a base to correct some of the recent losses.
Target measured from this base pattern is 1.4245 and if we can hold 1.3955/30 area,you should see some correction this session.
The advise however that this 1.4190/1.4240 target is only for some time and should still be sold, only above 1.4240 which the bearish outlook shift slightly.
Now you cannot hold over 1.3925 and lose 1.3890 the downside continues and we had for 1.3820 initially with a loss seeing further weakness to 1.3750.
GBP/USD: Weekly fib level of 1.5780 then bounced back through quite significant resistance at 1.5880. This support is quite important, being the weekly 37% fib level, so really we need to make a break below here to keep downward momentum goes for some time
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