Bears did not disappoint us | 13 May 2016
13 May 2016, EUR/USD
Four-hour chart of EURUSD. Bears did not disappoint us. Now the price is nearing support (6/8) again, but at the second attempt, we hope this level will be pushed through and the pair will continue to move down in the medium term. The medium-term goal is (0/8). Regarding the possible alternatives, such as the resumption of the upward movement, then they will be enabled by return of the price above the four-hours Supertrend Line.
Trading solutions: keep yesterday's sale
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.
