An opportunity for correction | 27 Juli 2016

27 Juli 2016, EUR/USD

Four-hours chart of EURUSD. The pair continues to consolidate around the main support level (0/8). But so far buyers manage to hold this level. Therefore, the main plan is still a corrective growth of the pair. The nearest goal for growth is the SuperTrend Daily line. It will be canceled by breakdown and consolidation of the price below (0/8). In this case we expect update of a local Low

Trading solutions: Keep yesterday's buy trades from 1.0986 ( 0/8). The goal is the SuperTrend Daily line 1.1062.


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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