Pair could stay in horizontal channel | 15 Febrero 2016
15 Febrero 2016, EUR/USD
The four-hours chart EURUSD. Pair has strongly bounced down from (5/8) level. Before this moment pair has gone up and down from (4/8) level several times. We have important prerequisites for further price movement into wide horizontal channel with (3/8 – 5/8) lines. Now we are expecting price decrease to bottom channel line (3/8) within the flat.
Trading decisions: sell from the four-hours Supertrend line.
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.
