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

We are expecting further decrease

29 February 2016, EUR/USD

We are expecting further decrease

The four-hours chart EURUSD. After long consolidation above (2/8) level pair has broken throw this level. From current position the local price back off to the four-hours Supertrend line is possible. After rising this level we can expecte new decreasing wave. Possibility of pair rising isn’t actual while price is under (2/8) level.

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

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 .