manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Log in

Bulls are resisting

11 May 2016, EUR/USD

Four-hours chart of EURUSD. Over the last few days, volatility dropped a lot. In the near future Murrey levels are going to be redrafted. At the moment, no fundamental changes have occurred. The advantage and initiative belongs to bears, although bulls also achieved some success and have made it clear that they intend to defend their positions. We expect drop to 1.1353 (2/8)

Trading solutions: Look for Sell options on the four-hours SuperTrend line

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