Retest in the area of Supertrends' clusters

14 January 2016, EUR/USD

Retest in the area of  Supertrends' clusters

The four-hours chart of EUR USD. The pair did not get below and reversed up between the levels (0/8) and (1/8). Currently the pair is again testing the area of SuperTrend lines clusters. Most likely that after a short pullback the pair will continue moving up. Therefore, an alternative option is a rebound from the congestion area of SuperTrends and resumptio of the downward movement.

Trading Solutions: None

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
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
We will be pleased to answer any questions you may have


Get bonus