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We are waiting for a further growth

27 April 2015, EUR/USD

We are waiting for a further growth 4 hours’ chart of EURUSD. The pair is still located on the level (5/8) and cannot get it over from bottom to top. Upon that, continuation of the movement of price within horizontal channel (3/8 – 5/8) is less confirmed now. At present, the probability of leaving the channel is quite big. Pay attention to 4 hour’s Super trend line as the potential support line. Day’s target for growth is the intermediate resistance level (6/8).

Nikolay Krishtopov
FreshForex Analyst
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