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The pair is held within horizontal channel

09 September 2015, EUR/USD

The pair is held within horizontal channel

The four-hours chart of EURUSD. Over the last day no significant changes has been made on the chart. The pair continues to stay within the borders of the horizontal channel (3/8 - 5/8). Therefore, the main option still remains to be continuation of the consolidation within the above-mentioned channel .

solutions: buy from the 1.1108 level (3/8), sell from 1.1353 (5/8).

Nikolay Krishtopov
FreshForex Analyst
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