Wait the price to hit level (2/8) | 02 July 2015

02 July 2015, EUR/USD

Wait the price to hit level (2/8)

4 hours’ chart of  EURUSD. Following to a failing attempt to pass the main level of support and resistance  (4/8), the pair has renewed downward movement. Now the price is approaching to the main target based on the level (2/8). This level has a medium strength and the price can break it from the second attempt. In this case, the next target for declien will be the main level of support (0/8).


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.
Nikolay Krishtopov
FreshForex Analyst
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