Expecting the price at (6/8) | 23 أغسطس 2016
23 أغسطس 2016, EUR/USD
Four-hours chart of EURUSD. The pair broke the local resistance - the four-hours' SuperTrend line. This is an indicator of buyers' strength, so the main option is growth of the pair. Goal for growth is the nearest local High, after a false breakdown of this level a downward reversal is expected. Continuation of the upward movement is the alternative one. It will be relevant in the case of consolidation above (6/8).
Trading solutions: sell on breakthrough of 1.1365 and return to this level.
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.
