The level (4/8) is holding the price | 22 June 2016
22 June 2016, EUR/USD
The four-hours chart of EURUSD. At the second attempt, bears pushed through support - the four-hours line of SuperTrend. Now the pair is proof-testing the strongest level in the system. Crossing it with the first attempt is unlikely, so the priority is growth with the goal is 1.1353 (6/8). Continuation of the downward movement will be relevant on breakdown of the main support and resistance level (4/8) from top to bottom. In this case, we expect the price on the next level (2/8).
Trading solutions: no
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
