Levels have been redrafted | 06 August 2015

06 August 2015, EUR/USD

Levels have been redrafted

Levels have been redrafted

four-hours' chart of EURUSD. Lower volatility led to redraft of the Murrey level. They got narrower. Currently upward correction is developing to the level (2/8). Nevertheless, our main expectation is resuming of the downward movement. The main support level 1.0742 (0/8) is the objective for decline.

Nikolay Krishtopov
FreshForex Analyst
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