manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Pressure on the pair is getting stronger

08 April 2016, EUR/USD

Four-hour chart of EUR USD. The pair fully met your expectations. We saw a slight update of the local High and a rather strong rollsback of the price down. In the current situation, drop is the most expected way. Sellers are pressing bulls to the four-hours Supertrend line. Previously, this level has been often broken from the top to bottom, but the price could not gain a foothold underneath. Next attempt gives bears more chances for success.

Trading solutions: No

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

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .