Bears can take a short break | 30 Mei 2016
30 Mei 2016, EUR/USD
The four-hours chart of EURUSD. Growth of volatility has made Murrey levels redrafted. They have greatly expanded. The pair is currently at the level of (3/8), which is unlikely to be able to hold the price. The situation is clearly not in favor of bulls. Therefore, the maximum they can expect right now is a correction in the area of the resistance formed by the daily and weekly Supertrend lines. But it is on the local level, the medium outlook is only a downward one, at least now
Trading solutions: Sell from the daily SuperTrend line 1.1175 with the nearest goal at the level of (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.
