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Still moving in channel (3/8 - 5/8)

25 June 2015, EUR/USD

Still moving in channel (3/8 - 5/8)

4 hours’ chart of EURUSD. The pair is still based in a horizontal channel (3/8 – 5/8). Continuation of the flat movement remains to be the main scenario which will be cancelled by break and consolidation of price on one of the borders of the channel. At present, the most probable is a breakthrough of bottom border of the channel.

Nikolay Krishtopov
Analyst of «FreshForex» company
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