Moving in the horizontal channel (3/8 - 5/8) | 16 فبراير 2016
16 فبراير 2016, EUR/USD
Four-hour chart of EUR USD. From the top horizontal border of the channel, the pair has bounced down. At the moment, the price found support on the SuperTrend Day line. From this support we can expect an upward rebound. I will remind that when the price is moving within a horizontal channel (3/8 & ndash; 5/8), the level (4/8) has no influence and effect on the price.
Trading 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.
