Approaching to the point (2/8) | 07 July 2015

07 July 2015, EUR/USD

Approaching to the point (2/8)

4 hours’ chart of EURUSD. Having tested the 4 hours’ Supertrend line, the pair has bounced down. Now we have to expect one more test of the point 1.0986 (2/8). It has great chances to overcome it, In case of breakthrough and consolidation of the price under this level, the next target will be the main level of support 1.0742 (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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