manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The pair entered the corridor (3/8-5/8)

11 August 2015, EUR/USD

The pair entered the corridor (3/8-5/8)

Four hourly chart the EURUSD. The pair broke the main support/resistance (4/8) level bottom-up after a long-time consolidation. After this the price, reached the (5/8), bounced from it and broke the level (4/8) again but from another side. We have all the signals to verify the price direction in the flat corridor (3/8 – 5/8). This variant is considered to be main one.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .