The pair keep moving in (3/8 - 5/8) channel | 13 Mei 2015

13 Mei 2015, EUR/USD

The pair keep moving in (3/8 - 5/8) channel

The pair keep moving in (3/8 - 5/8) channel

4 hours’ chart of EURUSD. The sideways movement continues into price channel of (3/8 – 5/8). Thus, the borders of this channel are the strong support and resistance levels. They limit the price movement. And (4/8) level is repealed. At the same time, the further targets can be occurred only after the price breaking the channel.


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
Analis perusahaan "FreshForex"
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