manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Failed to consolidate under the level (2/8)

08 July 2015, EUR/USD

Failed to consolidate under the level (2/8)

4 hours’ chart of EURUSD. The pair has broken the level (2/8). However, we see that it has failed to consolidate under this level. So in a short run we can expect a correctional pullback of the price upwards with the target around a day Supertrend line. In a middle run, the main scenario considered by us is still decline of the price with the first target based around the point (0/8).

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.