Correction and down thend

01 February 2016, EUR/USD

Correction and down thend

4-hourly chart EURUSD. The pair went down pretty much not reaching the strongest level of the system. At the moment the price stopped near the reversal level (1/8), but it is too early to wait for the price reverse up as there is no evidence for the price fixing above the level (2/8). So the main scenario is the scenario with a correctional growth and renew downward movement with the next target on the main support level (0/8). Trading solutions: sales from the supertrand band.

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