Bears are passive | 03 May 2016
03 May 2016, EUR/USD
Four-hours chart of EURUSD. Yesterday's goal (5/8) has been reached. Upon that, sellers do not show an intention to interfere. Support is the four-hours Supertrend line, from which we expect the price grow to the next target level (6/8). The situation will reverse only if the price consolidates below the four-hours Supertrend line.
Trading solutions: Keep yesterday's purchases
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.
