The pair is holding within the channel (3/8 - 5/8) | 08 June 2015

08 June 2015, EUR/USD

The pair is holding within the channel (3/8 - 5/8)

4 hours’ chart ofEURUSD.The pair is holding within the horizontal channel (3/8 – 5/8), so the main option is movement of the price along frames of the channel. But here we must note that thi movement will be short and can leave the channel. So, the main option will be cancelled by consolidation of the price on one of the boundaries of the channel.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .