Failing to cross (2/8) | 14 July 2016
14 July 2016, EUR/USD
Four-hours chart of EURUSD. Buyers are still trying to cross the intermediate level of resistance (2/8). But all their attempts are for in vain. On the other hand, bears may lose control over the situation. The main plan is still a decline, as the pair is still below the intermediate resistance level (2/8). The alternative option is growth of the pair to (3/8). It will be relevant if bulls manage to finalize (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.
