Wait the price to hit level (0/8) | 07 August 2015

07 August 2015, EUR/USD

We are waiting for the price level (0/8)

four-hours' chart of EURUSD. The level (2/8) continues to develop the local upward correction. Nevertheless, the main scenario we are considering is continuation of downward movement targeting to hit support on the main level 1.0742 (0/8). An additional signal confirming this scenario will be breakthrough of the level (2/8) from top ti down.


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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