The price is going on moving in the channel
12 February 2016, EUR/USD
The four-hours chart EURUSD. Aim on (+2/8) level has been achieved. As a result, we can see Murrey levels redrafting. Now price has bounced down off the (5/8) level. This level could have an influence on the price if it is side movement into the channel (3/8 – 5/8). There are all prerequisites for this on the chart. So we are expecting price decrease to (3/8).
Trading decisions: no
Nikolay KrishtopovAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us