manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
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 And (4/8) level is repealed.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
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.