We expect the price at (0/8) | 18 May 2016
18 May 2016, EUR/USD
Four-hour chart of EURUSD. Growth has exhausted. The pair faced a strong resistance (2/8) and bounced off it. Thus we can say that the local upward corrective pullback has been completed. Continuation of the downward movement is the main plan. Goal is the main support level 1.1230 (0/8).
Trading solutions: look for sales 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.
