The pair continues to consolidate in the field of resistance | 24 Juli 2015

24 Juli 2015, EUR/USD

The pair continues to consolidate in the field of resistance

pair continues to consolidate in the field of resistance

4 hours’ chart of EURUSD. The pair is consolidating in the resistance line formed by Day Supertrend line and the intermediate resistance level (2/8). As the main option, we still expect reduction of the price to the main support level (0/8). This option will be canceled if the price consolidates above the level (2/8).


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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