The pair is still under pressure | 06 Juli 2015
06 Juli 2015, EUR/USD
The pair is still under pressure
4 hours’ chart of EURUSD. Following to a second attempt to test the point (2/8), the pair went to correction again. Nevertheless, pressure remains and we still consider decline of the price as the main scenario. The main level of support and resistance (8/8) is the target for decline. 4 hours’ Supertrend line is main level of resistance.
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.
