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Flat continues

29 September 2015, EUR/USD

Flat continues

The four-hours chart of EURUSD. The pair continues to move within the horizontal channel (3/8 - 5/8). Currently the price is developing movement from the lower to the upper border of the channel. Currently there are no preconditions for exit of the price out of the channel, so, as the main expectation is the option of continuation of movement within a horizontal channel with the above defined bourders.

Trading solutions: purchase from the level (3/8), sales from the level (5/8).

Nikolay Krishtopov
Analyst of «FreshForex» company
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