Expecting the price on the level (2/8) | 28 Juli 2016
28 Juli 2016, EUR/USD
Four-hours chart of EURUSD. Bears have made another attempt to break through the main support level (0/8). The attempt has failed. Bulls have run a successful counter attack. Currently the pair is at the local level of resistance represented by Supertrend Daily line. This level can not be crossed on the fly, but an overall potential for a further corrective growth is pretty good. Therefore, the main plan is growth of the pair.
Trading solutions: keep on buying, the next goal is 1.1108 (2/8)
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.
