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The pair continues to consolidate within the channel (3/8 - 5/8)

The pair continues to consolidate within the channel (3/8 - 5/8) | 10 September 2015

10 September 2015, EUR/USD

continues to consolidate in the channel (3/8 - 5/8)

The four-hours chart of EURUSD. No significant changes have occurred. The pair continues to move within the horizontal channel (3/8 - 5/8). The main expectation is continuation of consolidation in the above-mentioned channel. Consolidation of the price one of the borders of the channel would cancel this option.

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

Nikolay Krishtopov
FreshForex Analyst
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