So far, the price is failing to cross (2/8) | 30 Juni 2016

30 Juni 2016, EUR/USD

So far, the price is failing to cross (2/8)

Four-hours chart of EURUSD. Bulls continue their attempts to push the price to the local level of resistance (2/8). So far, they fail. Thus, drop targeting (0/8) is the main plan. A corrective upward movement will be considered only after consolidation of the price above (2/8).

Trading solutions: try to sell from 1.1108 (2/8) with a very short stop set for the yesterday's High. The goal is 1.0986 (0/8)


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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