The price is to leave the channel (3/8 - 5/8) | 17 سبتمبر 2015

17 سبتمبر 2015, EUR/USD

We are waiting for the price to leave channel (3/8 - 5/8)

The four-hours chart of EURUSD. The pair continues to move within the borders of the horizontal channel (3/8 - 5/8). But it is worth to pay attention to respond of the price to the main support / resistance level (4/8), it has obsiusely bounced up from it. It is a prerequisite for exit of the price beyond the channel. We are waiting for breakdown of the level (5/8).

Trade Solutions: No


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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