Charts timeframes used in this technical analysis: Monthly and Weekly.

Indicators used in this technical analysis: ADX indicator+Momentum indicator+Fibo retracement levels.

EURSGD Strong Momentum sell-off has been triggered by more than one indicator which gives us more reliable and confirmed signal on what direction the EURSDG is going to take for the 1 st of October.

it's predicted for the pair due to my technical analysis that 1.5441 is the next target, as the EURSGD is getting closer to the golden level of 61.00 long-term FIBO LEVEL.

The sell-off is as strong as it will lead the pair to hit deeper levels in the next months.

Translate to English Show original