Retest of the level (8/8) is expected | 25 Agosto 2015

25 Agosto 2015, EUR/USD

Retest of the level (8/8) is expected

The four-hours' chart of EURUSD. The pair continued its upward movement without pullbacks. At the moment, we witness a corrective rebound of the price from the main resistance level (8/8). But talking about turn of the pair is still too early. As the main option we expect retest of the level 1.1719 (8/8). Accordingly, this option will be canceled in case of consolidation of the pair under the level (6/8).


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.
Nikolay Krishtopov
Analista de la empresa" FreshForex
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