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

Wait for the price on the level (4/8)

13 August 2015, EUR/USD

Wait for the price on the level (4/8)

4 hours’ chart of the EURUSD. Breaking the level (6/8) the pair continued the ascending movement. This was practically achieved the strongest resistance level (8/8), from which the pair bounced down pretty fast. At the moment, we can expect prices rebound upward from the level formed an intermediate support level (6/8) and 4 hours’ Supertrend line. But still the downward movement with the target on the main support/resistance level (4/8) stays with highest priority.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .