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Flat continues

07 October 2015, EUR/USD

Flat continues

The four-hours chart of EUR/USD. Still no fundamental changes have occured on the chart. The pair continues to move within the horizontal channel (3/8 & ndash; 5/8). The main option we still consider to be continuation of consolidation of the price in the given channel. This option will be cancelled by exit of and its consolidation on one of the bourders of the channel.

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

Nikolay Krishtopov
FreshForex Analyst
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