Wait the price to hit level (2/8) | 05 May 2015

05 May 2015, EUR/USD

Wait the price to hit level (2/8)

4 hours’ chart of EURUSD. The pair has bounced down from the main level of resistance and support (4/8). Here we focus on breakthrough and consolidation of price below the line of 4 hours’ SuperTrend. This fact cancels outlook of further growth. The prior plan is a further decline. Target is based at support (2/8).

Wait the price to hit 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.
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