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Meanwhile bears are indecisive

Meanwhile bears are indecisive | 04 April 2016

04 April 2016, EUR/USD

Four-hours chart of EUR USD. The target (6/8) has not been reached. Nevertheless, bears also have not yet shown anything that would make us sympathize them. The pair continues to be held above the four-hours SuperTrend line that works only along the trend movement, no key support is not broken, so far I am more impressed with bulls. Main option is growth of the pair. The only question is where we start, because the price can continue growing from the current position both after a pullback and retest of the four-hours SuperTrend line

Trading solutions: Buy from the four-hours SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
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