Upward movement is expected to continue | 20 August 2015
20 August 2015, EUR/USD
The four-hours' chart of EURUSD. The pair has resumed the upward movement as a result of breaking the level (6/8) from bottom to the top. Break of this level suggests that the upward movement will continue. The first target is the Weekly SuperTrend line. Cancellation of option can be due to the event of breakdown and consolidation of the pair below the four-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.
