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Waiting when the price will hit the level (0/8)

21 July 2015, EUR/USD

Waiting when the price will hit the level (0/8)

4 hours’ chart of  EURUSD. No significant changes have been made on the chart for the last 24 hours. The pair is still dropping steadily. Target for decline is represented by the main level of support 1.0742 (0/8). 4 hours’ Supertrend line shall be considered as the nearest resistance level, in case of its breakthrough, the day Supertrend line will work as this resistance.

Nikolay Krishtopov
FreshForex Analyst
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