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The pair tries to consolidate above (6/8)

12 October 2015, EUR/USD

The pair tries to consolidate above (6/8)

The four-hours chart of EUR/USD. Target level (6/8) has been reached, moreoverm the pair has broken this level and is now trying to gain a foothold above this mark, that would open the way for a further growth with the next target level (8/8). But, a corrective pullback into the area (5/8) is our core expectation and since that mark growth to the level of (8/8).

solutions: purchase from the level (5/8)

Nikolay Krishtopov
FreshForex Analyst
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