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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
Analyst of «FreshForex» company
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