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Moving to (4/8)

22 September 2016, EUR/USD

EUR/USD: Goes to the (4/8) level

The four-hours chart EURUSD. Yesterday trading day wasn’t so volatility as we expected so pair has realized only part of script which we considered yesterday as a main. Pair hasn’t correction growth. The main aim for pair growth is main support/resistance level (4/8). After rising to this level we are expecting price turn back and realization second part of yesterday script. This possibility would be canceled if pair consolidates above the main support/resistance level (4/8).

Trading decisions: no

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