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The level (2/8) remains unreachable

The level (2/8) remains unreachable | 01 July 2016

01 July 2016, EUR/USD

The level (2/8) remains unreachable

Four-hours chart of EURUSD. Bulls have not given their attempts to break and consolidate above the level (2/8), butsellers are also not going to give up. The price is still below the intermediate resistance level (2/8). Drop to the main support level (0/8) still remains the main plan.

Trading solutions: Sell from current levels. The goal is at 1.0986 (0/8). Set Stop at 1.1105 (2/8).

Nikolay Krishtopov
FreshForex Analyst
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