Technical analysis Forex market on 17.02.2020

Hello. Below are a few recommendations for trading in the Forex market on 17.02.2020


On GBPUSD climbed back into the triangle and formed a pattern Doji. Want to see the resumption of the fall after the correction and development of the down trend. But the preponderance of sellers in the statistics of transactions is confusing. While looking in the direction of the sales, with targets 1.2800 barriers and below.


On the pair EURAUD stopped in the 1,6099 and already formed two Doji pattern. Maybe go to a small correction, but in General, expect further decline to the lower boundary of the sideways 1,6000. And it will watch the situation and possible purchases.

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