Correctional pullback has reached its target | 01 يونيو 2015

01 يونيو 2015, EUR/USD

Correctional pullback has reached its target

4 hours’ chart of EURUSD. Correctional pullback has reached its target, represented by the intermediate level of resistance (2/8). The pair has renewed its downward movement from this level. Nevertheless, from current positions we may expect a new wave of growth and retest of the point (2/8). Only after that the movement with target (0/8) will start. An alternative option is continuation of growth within the frames of correction on the line of Day Super trend.


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.
Nikolay Krishtopov
محلل شركة FreshForex
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