manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Level (3/8) is holding price

18 February 2016, EUR/USD

Level (3/8) is holding price

The four-hours chart EURUSD. Price continues to hold on the level (3/8). Now the level (3/8) is a bottom line of horizontal channel (3/8 – 5/8). The main possibility is growth from bottom to the upper flat lines. This possibility will be changed if the price makes a breakthrough and consolidates under (3/8) level.

Trading decisions: buy from current levels

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