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We are waiting for the price on the level (8/8)

08 February 2016, EUR/USD

We are waiting for the price on the level (8/8)

Four-hours chart of EUR USD. The pair failed to consolidate above the main resistance level, and has bounced from it down hard enough. A corrective pullback of the pair has brought it to the intermediate level of support, from which, as we see, it has bounced upwards. Therefore, it is possible to expect resumed growth of the pair from current positions to retest major resistance level (8/8). It will be broken from bottom to top

Trading solutions: buy from current levels

Nikolay Krishtopov
FreshForex Analyst
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