manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Bulls are still pulling the price up

19 August 2016, EUR/USD

Four-hours chart EURUSD. The pair continued upward movement. As a result, the level (+2/8) was broken, which led to redrafting of Murrey levels. Currently the pair is standing at 1.1353 (6/8). This level has an average significance, but we may expect a corrective downward rollback from it. As usual, the goal is the four-hours SuperTrend line, from which we can expect a new ascending wave and retest of 1.1353 (6/8). A stronger decline can be considered only if the price consolidates below the he four-hours SuperTrend line.

Solutions: none

Nikolay Krishtopov
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.