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Waiting for a resolution

Waiting for a resolution | 27 April 2016

27 April 2016, EUR/USD

Four-hour charts of EUR USD. Yesterday bulls managed to break the resistance around the area formed by the two lines of Supertrend. A little remained for the pair to reach the level (6/8), but if bounced off. To date, the price is held above the SuperTrend line. From current positions the pair can start a new campaign to storm level (6/8), but the probability of breakdown of this line is not great. Drop remains to be the main plan. The first goal here is the main support / resistance level (4/8)

Trading solutions: sales from ( 6/8)

Nikolay Krishtopov
FreshForex Analyst
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