No signs of growth | 23 سبتمبر 2015

23 سبتمبر 2015, EUR/USD

no prerequisites for growth

The four-hours chart of EURUSD. The pair continues to decline without any pullbacks. At the moment, the price has reached the level (3/8), which has an impact on the price only when it moves in a horizontal channel, but there is no such channel there. Downward movement is still the main expectation, but considering the fact of a long decline without any pullbacks, correction is possible. In the last case we expect resumption of the downward movement from the area of cluster os SuperTrend lines.

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
Close
الدخول