Correction is possible | 30 أغسطس 2016
30 أغسطس 2016, EUR/USD
Four-hours chart of EURUSD. The pair continued its downward movement. At the moment the price is testing local support area formed by the Weekly SuperTrend line and the level (3/8). It is not the strongest area of support, but we may expect an upward rollback from it. The target of corrective growth is still the main support and resistance level (4/8). Alternatively, the price may continue the downward movement from current levels. THe proof will be consolidation of the price below (3/8)
Trading solutions: Buy from current levels with a view to 1.1230 (4/8)
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.
