Wait for the price on the level (4/8) | 13 Agosto 2015
13 Agosto 2015, EUR/USD
4 hours’ chart of the EURUSD. Breaking the level (6/8) the pair continued the ascending movement. This was practically achieved the strongest resistance level (8/8), from which the pair bounced down pretty fast. At the moment, we can expect prices rebound upward from the level formed an intermediate support level (6/8) and 4 hours’ Supertrend line. But still the downward movement with the target on the main support/resistance level (4/8) stays with highest priority.
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.
