Expecting the price on the level (7/8) | 21 Juni 2016

21 Juni 2016, EUR/USD

Four-hours chart of EURUSD. The pair got corrected after a strong growth. As you can see, bulls managed to hold the price above the four-hours SuperTrend line, thereby preserving the chances of further upward movement. Goal of the growth is still a reversal level 1.1414 (7/8), its breakdown can bring the price to (8/8). Decline is not considered and will be enabled only by a breakthrough and pushing the fourhours SuperTrend line.

Solutions: no


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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