The pair reached (6/8) level | 12 August 2015

12 August 2015, EUR/USD

The pair reached (6/8) level.

The pair reached (6/8) level

The EURUSD four-hour chart. This pair was not able to move in (3/8 – 5/8) channel. It went out from this channel and continued upward trend. Now the EURUSD is reaching (6/8) mark, which is a strong resistance. So, a rollback is expected to appear here. And if the pair breaks this level, there will be a upward trend continuation here.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
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 .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus