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

Bears are passive

03 May 2016, EUR/USD

Bears are passive

Four-hours chart of EURUSD. Yesterday's goal (5/8) has been reached. Upon that, sellers do not show an intention to interfere. Support is the four-hours Supertrend line, from which we expect the price grow to the next target level (6/8). The situation will reverse only if the price consolidates below the four-hours Supertrend line.

Trading solutions: Keep yesterday's purchases

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 .