The pair reached (6/8) level | 12 August 2015

12 August 2015, EUR/USD

The pair reached (6/8) level.

The pair reached (6/8) level

The EURUSD four-hour chart. This pair was not able to move in (3/8 – 5/8) channel. It went out from this channel and continued upward trend. Now the EURUSD is reaching (6/8) mark, which is a strong resistance. So, a rollback is expected to appear here. And if the pair breaks this level, there will be a upward trend continuation here.


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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