We are expecting further decrease
29 February 2016, EUR/USD
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 KrishtopovAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us