23 April 2015, EUR/USD
Four hours’ chart of EURUSD. For the last day this chart has not shown any significant changes. The pair is still consolidating around the level (4/8), which has lost its impact on price, because now the pair is based in horizontal channel (3/8 – 5/8). Flat can be over only when price leaves boundaries of horizontal channel and gets consolidated there. Taking into account a general tendency, we think that the most probable outcome is breaking of the bottom boundary of channel.
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