Waiting for decline to the point (2/8) | 01 Julio 2015

01 Julio 2015, EUR/USD

Waiting for decline to the point (2/8)

4 hours’ chart of EURUSD. The pair has bounced back from the main level of support and resistance 1.1230 (4/8). This level can created a rather strong resistance area supported by the day and weekly Supertrend line. The main scenario considered by us is still decline of the price with the nearest target based on the level (2/8).


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.
Nikolay Krishtopov
Analista de la empresa" FreshForex
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