The pair has stopped on the reversal level (1/8) | 01 مارس 2016

01 مارس 2016, EUR/USD

The pair has stopped on the reversal level (1/8)

Four-hours chart of EUR USD. The pair continued its downward movement. Now we pay attention to the fact that the price stopped at the reversal level (1/8). Let me remind you that if reversal takes place at this level, the next target for growth will be the major support and resistance level (4/8). But now it is too early to talk about this option, since the price is still below the four-hours Supertrend line. Corrective growth the pair is the main option

Trading solutions: buy from the current position


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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