The price is going on moving in the channel | 12 فبراير 2016
12 فبراير 2016, EUR/USD
The four-hours chart EURUSD. Aim on (+2/8) level has been achieved. As a result, we can see Murrey levels redrafting. Now price has bounced down off the (5/8) level. This level could have an influence on the price if it is side movement into the channel (3/8 – 5/8). There are all prerequisites for this on the chart. So we are expecting price decrease to (3/8).
Trading decisions: 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.
