Growth is expected

03 February 2016, EUR/USD

Growth is expected

The four-hours chart of EUR USD. The pair is consolidating near the level (6/8). Meanwhile this level was not broken. But since we have not seen a downward bounce of the price from this level, it is most likely that in the near future the price will continue to move upwards. If the price consolidates above the level of (6/8), the main resistance level (8/8) will be next target for growth.

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