The pair has forced area of support | 31 Julio 2015
31 Julio 2015, EUR/USD
four-hours' chart of EURUSD. The field support, formed by the Day Supertrend line and the level 1.0986 (2/8) was not able to hold the price. The pair has consolidated under these levels. Therefore, now we can expect a corrective pullback to the area around 1.0986 price (2/8) and resumption of a downward movement with the target based on the main support level 1.0742 (0/8).
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.
