Fifty fifty | 12 أبريل 2016
12 أبريل 2016, EUR/USD
Four-hour chart of EUR USD. Over the last night, no significant changes have happen on the chart. Buyers continue to hold the pair above the four-hours SuperTrend Line. Attempts of bears to drag the price down nipped in the bud. So, the main option remains the same, we expect growth targeting the level of (6/8), from where a strong downward pullback of the price is much likely. As an alternative option, I would consider a downward rebound from yesterday's High. There was formed a strong resistance, rebound from which call the likelihood of a surge to the level of (6/8) into question.
Trading solutions: sales from the level of (6/8)
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.
