Price is still in horizontal channel (3/8 – 5/8) | 22 أبريل 2015
22 أبريل 2015, EUR/USD
Look at 4 hours’ chart EURUSD. The chart shows no significant changes. The pair continues to move within a horizontal channel (3/8 – 5/8). We will stick to this scenario as to the core plan. Only when price breaks through one of its boundaries and gets consolidated there, we can tell that flat movement has finished. That will determine further behavior of price in the middle run but only if movement within range (3/8 5/8) будет is durable.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
