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A room for growth

17 June 2016, EUR/USD

A room for growth

Four-hours chart of EURUSD. Bears tried to cross the support (the SuperTrend weekly line) again. This attempt has failed. As a result of a successful counter-attack, bulls retained the level and repel an attack successfully having won almost all back positions lost earlier. To date, the local initiative belongs to buyers. Growth of the pair is the main plan with the next target (6/8)

Trading solutions: close positions at the break-even status. There are no new signals

Nikolay Krishtopov
FreshForex Analyst
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