Level (2/8) is holding price | 24 فبراير 2016
24 فبراير 2016, EUR/USD
The four-hours chart EURUSD. Price remains on level (2/8) and now it is consolidate upper this level. We can expect continuation of decrease movement after price consolidation under (2/8) level. Now main possibility is retesting four-hours Supertrend line from which we are waiting down bounce. We can speak about more strong correction pullback after pair will have consolidated above four-hours Supertrend line.
Trading decisions: sell from four-hours Supertrend line
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.
