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Will bulls surprise us?

21 April 2016, EUR/USD

The four-hours chart of EUR USD. The expected pullback took place yesterday. We see the price on the day SuperTrend line, where buyers are expected to seize the initiative. This goal for growth is still the level (6/8). To make the price drop, first bears need to lower the support not only to the Day line of SuperTrend, but to the main level of support and resistance (4/8). Our today's expectations of growth will be canceled in case of breakdown of support at the Day line of SuperTrend

Nikolay Krishtopov
Analyst of «FreshForex» company
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