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

Cannot consolidate above (5/8)

19 June 2015, EUR/USD

4 hours’ chart of EURUSD. As we expected, the price has left a horizontal channel (3/8 – 5/8) through breaking its upper border. However, so far it has not managed to consolidate above it. Main scenario remains the same: we are waiting growth to the point (6/8). 4 hours' Supertrend line can be used as dynamic support. From this line, the price can bounce up.

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.