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

Correction is possible

30 August 2016, EUR/USD

Correction is possible

Four-hours chart of EURUSD. The pair continued its downward movement. At the moment the price is testing local support area formed by the Weekly SuperTrend line and the level (3/8). It is not the strongest area of ​​support, but we may expect an upward rollback from it. The target of corrective growth is still the main support and resistance level (4/8). Alternatively, the price may continue the downward movement from current levels. THe proof will be consolidation of the price below (3/8)

Trading solutions: Buy from current levels with a view to 1.1230 (4/8)

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 .