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Bears did not disappoint us

Bears did not disappoint us | 13 May 2016

13 May 2016, EUR/USD

Four-hour chart of EURUSD. Bears did not disappoint us. Now the price is nearing support (6/8) again, but at the second attempt, we hope this level will be pushed through and the pair will continue to move down in the medium term. The medium-term goal is (0/8). Regarding the possible alternatives, such as the resumption of the upward movement, then they will be enabled by return of the price above the four-hours Supertrend Line.

Trading solutions: keep yesterday's sale

Nikolay Krishtopov
FreshForex Analyst
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