14 March 2016, EUR/USD
The four-hours chart EURUSD. Last trading day of past trading week hasn’t made evidence about further medium-term direction of price movement. From the one hand, we can see strong decrease from the strongest resistance level (4/8) in the system. It remains bearish possibility for decrease movement. On the other hand pair hasn’t broke through the four-hours Supertrend line and it is shown on good bulls condition. However in my opinion bears are stronger so the main possibility is pair decrease.
Trading decisions: if you haven’t closed deals on weekends continue selling with stop on 1.12 level
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us