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We are waiting for the price on the level (2/8)

11 January 2016, EUR/USD

We are waiting for the price on the level (2/8)

The four-hours chart of EUR USD. The pair continues to rise. Since the goal - the level (2/8) - has not been reached, in the near future we expect a continued growth. We regard the area between the lines of daily and weekly SuperTrend as support levels. This option will be cancelled in case of consolidation of the pair below the four-hours SuperTrend Line.

Trading solutions: purchase from four-hours SuperTrend Line

Nikolay Krishtopov
FreshForex Analyst
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