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The price continues to move within the channel (3/8 - 5/8)

30 September 2015, EUR/USD

The price continues to move within the channel (3/8 - 5/8)

The four-hours chart of EURUSD. The pair continues to move within the horizontal channel (3/8 & ndash; 5/8) without paying any effect on the main support / resistance level (4/8). So far there are no signs that it would leave this channel soon, therefore, the basic scenario is continuation of the price movement within the borders of current channel.

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

Nikolay Krishtopov
FreshForex Analyst
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