Correction is not over | 09 July 2015
09 July 2015, EUR/USD
4 hours’ chart of EURUSD. The pair is still going through correction. The main scenario is stil the same and we are expecting a further correctional growth with the target based in resistance area formed by day and weekly Supertrend lines. Once the price reaches this level, we expect renewal of a descending movement. This scenario will be cancelled by consolidation of the price under 4 hours’ Supertrend line.
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.
