Expecting the price on the level (0/8) | 11 أغسطس 2016
11 أغسطس 2016, EUR/USD
Four-hours chart of EURUSD. The pair continued the upward movement. Now the price is in the area formed by the resistance level (6/8) and the SuperTrend weekly line. So far, this resistance area can not be crossed. Drop is still the main plan. Its target is the major support and resistance level (4/8). Continuation of the upward movement will be enabled by a breakthrough of High of the previous day
Trading solutions: Sell from current levels to the nearest goal at 1.1108 (4/8), put a stop Loss behind the yesterday's high.
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.
