Waiting when the price will hit level (7/8) | 13 اكتوبر 2015

13 اكتوبر 2015, EUR/USD

Waiting when the price will hit level (7/8)

The four-hours chart of EUR USD. The pair appears to be able to hold the level (6/8), and it continues to move upward. But it is necessary to pay attention to the level (7/8), which at the moment could become a serious obstacle for the price. And as we know, reversal at this level is a signal that the price would drop to the main support and resistance level (4/8).

Trade solutions: sales from the level of (7/8)


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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