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Waiting for the rebound from the level (7/8)

14 October 2015, EUR/USD

Waiting for the rebound from the level (7/8)

The four-hours chart of EUR USD. Over the last day, no significant changes have been made on the chart. We are still waiting for test and reaction of the price to the reversal level (7/8). If the price rebounds from it, we will expect drop to the main support and resistance level. If this option is cancelled by breakdown, we expect growth to the main resistance level (8/8).

Trade solutions: sales from level (7/8)

Nikolay Krishtopov
FreshForex Analyst
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