Still moving inside the corridor (3/8 - 5/8) | 29 سبتمبر 2016
29 سبتمبر 2016, EUR/USD
The four-hours chart EURUSD. Pair hadn’t important changes yesterday. Pair has tried to go out from horizontal corridor breaks through the bottom line but it wasn’t successful. Pair has upwards bounce and now we are expecting pair growth from bottom line to the upper line into the corridor of horizontal range (3/8 – 5/8). Price moving could be long into the range of corridor. This possibility would be canceled if pair breaks through and consolidate above upper or under bottom limits of the corridor.
Trading decisions: hold yesterday deals on buy with aim on 1.1261 (5/8) 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.
