Murrey levels were redrafted | 09 أغسطس 2016
09 أغسطس 2016, EUR/USD
The four-hour chart of EURUSD. Murrey levels were redrafted on the chart because of reduced volatility of the instrument. Currently the pair is consolidated around (5/8), which usually has no effect on the price. Since the pair is below the main support and resistance level (4/8), the main option is decline of the pair. The next target is (2/8)
Trading solutions: Looking for sales at 1.1108 (4/8) with the immediate goal at 1.1047 (2/8)
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.
