Equilibrium | 28 مارس 2016
28 مارس 2016, EUR/USD
Four-hour chart of EUR USD. Over the recent time, volatility on this pair has dropped . At the moment, the pair continues to consolidate just above the Daily SuperTrend line. I do not think that bulls can retain this level for a long time, and in the medium term it will be broken from the top to the bottom. But from current positions we can expect a slight upward pullback. Moreover, if bears are still serious, above four-hours SuperTrend line they will show their teeth. If bulls manage to gain a foothold above the four-hours SuperTrend line, we may well see growth with the closest goal at the level of (4/8).
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.
