Meanwhile bears are indecisive | 04 April 2016

04 April 2016, EUR/USD

Four-hours chart of EUR USD. The target (6/8) has not been reached. Nevertheless, bears also have not yet shown anything that would make us sympathize them. The pair continues to be held above the four-hours SuperTrend line that works only along the trend movement, no key support is not broken, so far I am more impressed with bulls. Main option is growth of the pair. The only question is where we start, because the price can continue growing from the current position both after a pullback and retest of the four-hours SuperTrend line

Trading solutions: Buy from the four-hours SuperTrend line

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus