Trying to consolidate above (8/8) | 15 October 2015

15 October 2015, EUR/USD

Trying to consolidate above (8/8)

The four-hours chart of EUR USD. The pair broke the level (7/8) from bottom to top, thereby canceling its drop to (4/8) and highlighting the option that yesterday was considered by us as an alternative. As you can see at the moment, the pair has reached the mark (8/8) and is now trying to gain a foothold above it. But the first attempt to do so will not be easy. So we expect a rollback to the four-hours SuperTrend line and a continued upward movement from that.

solutions: purchase from the four-hours SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus