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Flat continues

02 October 2015, EUR/USD

The four-hours chart of EURUSD. The pair continues to stay within horizontal channel (3/8 & ndash; 5/8). As long as there are no serious prerequisites for exit of the price from flat, our main expectation is still a continuation of the price movement within the above-mentioned channel. So, everything will be changed by consolidation of the price on one of the bourders of the channel.

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

Nikolay Krishtopov
FreshForex Analyst
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