manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Bulls are resisting

07 July 2016, EUR/USD

Four-hours chart of EURUSD. Bulls did not let the price go below (1/8). It is too early to talk about the reversal. As we noted noted in previous reviews, the key resistance level is now around (3/8). As long as the price is below this mark, the medium-term plan is decline. On the local level, we may see another upward pullback making the price retest the mark (3/8).

Trading solutions: Sales at 1.1189 (3/8) with the goal 1.0986 (0/8)

Nikolay Krishtopov
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .