An opportunity for correction | 27 July 2016

27 July 2016, EUR/USD

Four-hours chart of EURUSD. The pair continues to consolidate around the main support level (0/8). But so far buyers manage to hold this level. Therefore, the main plan is still a corrective growth of the pair. The nearest goal for growth is the SuperTrend Daily line. It will be canceled by breakdown and consolidation of the price below (0/8). In this case we expect update of a local Low

Trading solutions: Keep yesterday's buy trades from 1.0986 ( 0/8). The goal is the SuperTrend Daily line 1.1062.

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