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We are waiting for the price on the level (0/8)

13 January 2016, EUR/USD

We are waiting for the price on the level (0/8)

The four-hours chart of EUR USD. After a break and consolidation below the field formed by the lines of Daily and Weekly Supertrend, the pair continued a downward movement. Currently, the closest significant support is at (0/8), this level is a target for the drop. This option will be canceled only if the price consolidates above the Supertrend Daily Line.

Trading solutions: keep yesterday's sale

Nikolay Krishtopov
FreshForex Analyst
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