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Approaching to the point (2/8)

07 July 2015, EUR/USD

Approaching to the point (2/8)

4 hours’ chart of EURUSD. Having tested the 4 hours’ Supertrend line, the pair has bounced down. Now we have to expect one more test of the point 1.0986 (2/8). It has great chances to overcome it, In case of breakthrough and consolidation of the price under this level, the next target will be the main level of support 1.0742 (0/8).

Nikolay Krishtopov
FreshForex Analyst
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