manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Pair could stay in horizontal channel

15 February 2016, EUR/USD

Pair could stay in horizontal channel

The four-hours chart EURUSD. Pair has strongly bounced down from (5/8) level. Before this moment pair has gone up and down from (4/8) level several times. We have important prerequisites for further price movement into wide horizontal channel with (3/8 – 5/8) lines. Now we are expecting price decrease to bottom channel line (3/8) within the flat.

Trading decisions: sell from the four-hours Supertrend line.

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .