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An outlook of further growth

07 September 2016, EUR/USD

EUR/USD: it is prospect of further growth

The four-hours chart EURUSD. Bulls have good attack using news as a result they could return positions and get new levels. Pair has broken main support/resistance level(4/8) and now is trying to consolidate above it. Breakthrough and further price consolidation above on the even levels open way to the next even level. If the price consolidates above (4/8), price could rise up to the next even level (6/8) in the nearest future.

Trading decisions: no

Nikolay Krishtopov
FreshForex Analyst
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