Failing to take (2/8) | 13 Juli 2016
13 Juli 2016, EUR/USD
Four-hours chart Eof URUSD. Another attempt of buyers to push the intermediate level of resistance (2/8) has failed. Drop targeting the main support level (0/8) is still the main option. We may see more attempts of bulls to cross the level from bottom to the top, but as long as price remains below (2/8), a corrective growth is not considered. Only after bulls manage to consolidate above this level, we can consider a strong corrective growth. Trading 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.
