Cannot consolidate above (5/8) | 19 يونيو 2015
19 يونيو 2015, EUR/USD
4 hours’ chart of EURUSD. As we expected, the price has left a horizontal channel (3/8 – 5/8) through breaking its upper border. However, so far it has not managed to consolidate above it. Main scenario remains the same: we are waiting growth to the point (6/8). 4 hours' Supertrend line can be used as dynamic support. From this line, the price can bounce up.
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.
