Log in

Above (4/8)

09 September 2016, EUR/USD

EUR/USD: Pair is holding above(4/8)level

The four-hours chart EURUSD. Pair had prompt upwards growth from the main support/resistance level but pair hasn’t arrived aim on(6/8)level and pulled back to the (4/8)level. Nevertheless buyers could hold price above the strongest level in the system as a main possibility we observe the possibility of pair growth. The previous aim is (6/8) level. Further way of the main resistance level (8/8) would be opened after breakthrough level(6/8). This possibility would be canceled if pair breaks through and consolidates under level (4/8).

Trading decisions: no

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.