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

The price has stopped at (1/8)

08 August 2016, EUR/USD

 Four-hours chart of EURUSD. The level (2/8) has been broken, so the next target for drop is the main support level 1.0986 (0/8), but it is a medium-term goal. In the short run we may see a corrective upward pullback to the four-hours SuperTrend Line. From it a new descending wave may start with the above-mentioned target 1.0986 (0/8). Strong growth and the resumption of medium-term upward movement are not considered, because there are no signs of these plans now.

Trading solutions: none

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 .