Decline of the pair is expected | 18 August 2015
18 August 2015, EUR/USD
four-hours' chart of EURUSD. While the pair has been moving according to our expectations. I remind that after that the price bounced down the Weekly SuperTrend line. After that, our primary expectation is decline to the main support and resistance level (4/8). Breakdown and consolidation the pair below the level (6/8) worked as one more confirmation for us. We expect that the pair will reach this target in the near future.
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.
