Log in

Failing to take (2/8)

13 July 2016, EUR/USD

Four-hours chart Eof URUSD. Another attempt of buyers to push the intermediate level of resistance (2/8) has failed. Drop targeting the main support level (0/8) is still the main option. We may see more attempts of bulls to cross the level from bottom to the top, but as long as price remains below (2/8), a corrective growth is not considered. Only after bulls manage to consolidate above this level, we can consider a strong corrective growth.

Trading solutions: No

Анна Беляева
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.