Stuck in the channel (3/8 - 5/8) | 07 سبتمبر 2015

07 سبتمبر 2015, EUR/USD

stuck in the channel (3/8 - 5/8)

The four-hours chart of EURUSD. The pair rebounded from the first level (5/8), then easily overcame the major support / resistance level (4/8) and stopped at the level of (3/8). There are all prerequisites for a further price movement within a horizontal channel (3/8 - 5/8). This option will be the main as long as the price will stay within the borders of the above mentioned channel.

solutions: buy from the level 1.1108 (3/8). < / p>


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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