Bears are vanishing | 18 مارس 2016
18 مارس 2016, EUR/USD
Bears were not able to keep the price at the top support and resistance level (4/8). This level has been broken, thus bulls have discovered a new target - the level (6/8). Therefore, the major option for the near future is growth of the pair. The nearest level of support is the four-hours SuperTrend line. From it you can look for the entry point into Long. Given that today there is the last trading day of the week, the short-term is the current local High. Medium-term goals lie at the level of (6/8)
Trading solutions: Buy from the 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.
