Expecting the price on the level (0/8) | 11 Juli 2016
11 Juli 2016, EUR/USD
The four-hours chart of EURUSD. Once again, the pair has proof-tested the intermediate resistance level (2/8). A strong downward bounce confirmed strength of the level. Drop is the main plan with the local nearest goal reprsented by the main support level (0/8). In the medium run, we expect update of the the current local Low, which is just below (-1/8).
Trading solutions: sales from current levels. The nearest goal is at 1.0985 (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.
