Retest of the level (2/8)

20 January 2016, EUR/USD

Retest of the level (2/8)

The four-hours chart of EUR USD. The pair could not force the area of Supertrend line down and has bounced up. Currently, the price is about to make the next retest of the intermediate level of resistance (0/8), from which it is expected rebound down. Continuation of growth in the medium term can be enabled only by consolidation of the pair above the level (2/8).

Trading Solution: 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