A continued correction | 31 May 2016

31 May 2016, EUR/USD

A continued correction

Four-hour chart of EURUSD. The pair is moving in line with our expectations. From the level (3/8), it has started upward correction. At the top there are some fairly strong resistance levels, so we do not expect a strong growth. Most likely, bears will again seize the initiative at the Weekly SuperTrend line, from where we can expect a new descending wave targeting (2/8). The current downward trend will only be broken by consolidation of the pair above the level (4/8).

Solution: sell from the day SuperTrend line 1.1175 with the nearest goal (2/8)

Nikolay Krishtopov
Analista de la empresa" FreshForex
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.