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

A very strong area of ​​support has been forced

04 September 2015, EUR/USD

 a very strong area of ​​support has been forced

The four-hours chart of EURUSD. The pair has forced a very strong support area formed by lines of weekly and daily Supertrend and the main support / resistance level (4/8). Now, this area serves as resistance. If the price returns to it, we can expect a new downward wave. As an alternative, you can consider the flat (3/8 - 5/8), which is relevant as long as the price is above the level of (3/8).

trading solutions: sell from the level of 1.1230 (4/8).

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.