manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

The pair keep moving in (3/8 - 5/8) channel

13 May 2015, EUR/USD

The pair keep moving in (3/8 - 5/8) channel

The pair keep moving in (3/8 - 5/8) channel

4 hours’ chart of EURUSD. The sideways movement continues into price channel of (3/8 – 5/8). Thus, the borders of this channel are the strong support and resistance levels. They limit the price movement. And (4/8) level is repealed. At the same time, the further targets can be occurred only after the price breaking the channel.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .