Trying to consolidate above the level of (2/8) | 27 Juli 2015

27 Juli 2015, EUR/USD

Trying to consolidate above the level of (2/8)

4-hours' chart of EURUSD. The pair broke the intermediate level resistance (2/8) and now is trying to gain consolidate above this level. If it succeeds in this attempt, in the future we can expect a resumption of the upward movement of this currency pair. This option will be cancelled by return of the price under the level (2/8), and current breakthrough will be considered by us as false. < / p>


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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