We shall expect the price on the level (2/8) | 06 مايو 2016
06 مايو 2016, EUR/USD
Four-hour chart of EURUSD. The pair dropped almost without pullbacks. Following to a brief consolidation, bears forced support at (4/8) and caught up with the price on the next local support - SuperTrend Daily line. But so far it is clear that buyers would defend this level fiercly. Therefore, this level is very likely to be broken from top to bottom on current position. The next stop would be (2/8). Growth is not considered.
Trading solutions: Sell from the four-hours line of SuperTrend
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.
