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Downward movement resumed

Downward movement resumed | 29 June 2015

29 June 2015, EUR/USD

Downward movement resumed

4 hours’ chart of EURUSD. Following to a durable consolidation, just under the main level of support and resistance (4/8), the price has bounced down at a rather notable level. By now, the price is temporarily supported by the level(2/8), but meanwhile the main target is represented by the main level of support (0/8). So, soon we expect a breakthrough of the point (2/8) .

Nikolay Krishtopov
FreshForex Analyst
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