Retest of (0/8) | 27 مايو 2016

27 مايو 2016, EUR/USD

Four-hour chart EURUSD. The nearest resistance level which - the Weekly SuperTrend line - was broken upwards. So, we expect growth of the price to the level 1.1230 (0/8). This is a rather important level. Now it serves as resistance level and borders the price inside the oversoldness zone. We expect that local initiatives wil come from buyers to sellers on this level.

Trading solutions: Sell from the level 1.1230 (0/8)


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.
Nikolay Krishtopov
محلل شركة FreshForex
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