The pair is testing the support area | 31 August 2015

31 August 2015, EUR/USD

The pair is testing the support area

The four-hours' chart of EURUSD. The pair bounced up from the support area formed the main support / resistance level 1.1230 (4.8) and daily and weekly SuperTrend lines. Therefore, given the current position, we are to expect a corrective retracement of the price up targeting 1.1353 (5/8).

solutions: buy from the 1.1230 level (4/8).


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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