Expecting EURUSD to potentially reach 1.2220. EURUSD is showing some rejection at the current level of resistance on the 1 hour and 4 hour charts so price may retrace to 1.21 before the impulse move up to 1.2220. The 1.21 price region is a daily support/resistance level as well as lining up with the 61.8% Fibonacci retracement level.
Expecting GBPUSD to retrace to 1.3920 after rejecting off of resistance that has held price within a daily consolidation range for a couple of weeks now. Maybe price gets enough steam after retracing to break out of the range but it is showing signs of rejection at the top of the range on the daily chart and with a pinbar formed at resistance on the 4 hour chart.
