Neared a key resistance level | 01 أغسطس 2016
01 أغسطس 2016, EUR/USD
Four-hours chart of EURUSD. For a couple of days, the pair has reached the key resistance level - the weekly SuperTrend line. If bulls manage to break through and consolidate above this level, they will open a way to further growth in the medium run to (1/8), i.e., to the levels where the pair was before Brexit. But it's the mid-term outlook. Today we're waiting for a false break of Friday's High and correction. Trading solutions: Sales from 1.1200, we close a position at the price of the end of the trading day.
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.
