Log in

Waiting for decline to the point (2/8)

01 July 2015, EUR/USD

Waiting for decline to the point (2/8)

4 hours’ chart of EURUSD. The pair has bounced back from the main level of support and resistance 1.1230 (4/8). This level can created a rather strong resistance area supported by the day and weekly Supertrend line. The main scenario considered by us is still decline of the price with the nearest target based on the level (2/8).

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.