Trying to consolidate just under the level (4/8) | 03 July 2015
03 July 2015, EUR/USD
4 hours’ chart of EURUSD. No significant changes have been noticed on the chart for the last 24 hours. From the local point of view, there is a correctional upward movement. However, the main scenario considered by us is still decline of the price with the nearest target based on the level (2/8). This scenario will only be cancelled by consolidation of the price above 4 hours’ Supertrend line .
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
