The pair is still under pressure | 06 July 2015

06 July 2015, EUR/USD

The pair is still under pressure

The pair is still under pressure

4 hours’ chart of EURUSD. Following to a second attempt to test the point (2/8), the pair went to correction again. Nevertheless, pressure remains and we still consider decline of the price as the main scenario. The main level of support and resistance (8/8) is the target for decline. 4 hours’ Supertrend line is main level of resistance.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .