Nearing the main level of support | 20 Juli 2016
20 Juli 2016, EUR/USD
Four-hours chart of EURUSD. The pair resumed the downward movement. The goal at the top level of support has not been reached yet, but today it cannot be reached. Today we may see a pullback to the four-hours SuperTrend line and already from this line the new local descending wave wil begin. This option is main for today. Alternatively, the price may continue the downward movement
Trading solutions: The goal at (0/8) has not been reached, but it is better to take profit at current levels, as there is a good chance that the goal will be reached today.
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.
