Levels redrafted | 29 مارس 2016

29 مارس 2016, EUR/USD

Levels redrafted

Four-hours chart of EUR USD. Reduced volatility led to redraft of the Murrey levels that got narrowed. The pair is currently going through correcting from support on the line SuperTrend Daily line. But as we see, bulls failed to take the main resistance level (8/8). They were not even able to pull the price to this level. So, at the moment the primary option is drop of the pair. At the same time, it is likely that today's news background will help bears to force support on the Supertrend Day line and they will continue to push the price down. Stop here is expected around (6/8)

Trading solutions: Sales from current levels:


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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