Log in

EUR/USD: the initiative on the side of bulls

08 June 2016, EUR/USD

EUR/USD: the initiative on the side of bulls
Four-hourly chart EURUSD. Over the past day, there are no fundamental changes on the chart. After a quite strong growth, bulls continue to hold the price pushing it up gradually. So, as a priority we still consider a variant with the increasing pair. The target is still the same — the level (6/8). To have an attention, bears need to break and to fix below the nearest level, which currently is four-hourly Super Trend line.
Trading solutions: still looking for purchases in the area of the four-hourly line of Super Trend 1.1342 with the nearest goal at the level of 1.1475 (6/8).
Nikolay Krishtopov
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.