We're waiting for further decline and correction | 22 سبتمبر 2015

22 سبتمبر 2015, EUR/USD

We are waiting for further reduction and correction

The four-hours chart of EURUSD. As a result of decline, the price has not only reached the target on the main level of support and resistance (4/8), but also has gone through it from top to bottom. From the current position, given the flatless movement of the price, we can expect a corrective retracement up with a view on the the four hours SuperTrend line and resumption of the downward movement.

Trade Solutions: No < / 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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