The upper border of channel is pressed more | 11 Junio 2015

11 Junio 2015, EUR/USD

The upper border of channel is pressed more

4 hours’ chart of EURUSD. The pair is still remaining in a horizontal channel (3/8 – 5/8), but pressure on the upper border is getting stronger and probability of breaking of this level is increasing. In this case, the next target for growth of the pair will be 1.1475 (6/8). Another option is continuation of movement within this channel.


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.
Nikolay Krishtopov
Analista de la empresa" FreshForex
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