Bulls are resisting | 07 Juli 2016
07 Juli 2016, EUR/USD
Four-hours chart of EURUSD. Bulls did not let the price go below (1/8). It is too early to talk about the reversal. As we noted noted in previous reviews, the key resistance level is now around (3/8). As long as the price is below this mark, the medium-term plan is decline. On the local level, we may see another upward pullback making the price retest the mark (3/8).
Trading solutions: Sales at 1.1189 (3/8) with the goal 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.
