The pair is being consolidated in a narrow corridor | 14 September 2016
14 September 2016, EUR/USD
The four-hours chart EURUSD. Pair is continuing to consolidate in narrow horizontal corridor with center on the main support\resistance level. Now situation is quite uncertain. Price could go through flat in upper or down direction. Possibility with price rising has small advantage. As the main possibility we are considering possibility with pair growth. This possibility would be canceled if pair breaks through current local minimum on 1.1197 level.
Trading decisions: hold yesterday deals on buy. Aim is remaining on 1.1292 level. (5/8)
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.
