Levels have been redrafted | 08 October 2015

08 October 2015, EUR/USD

Levels have been redrafted

The four-hours chart of EUR/USD. Lower volatility led to a redrafting of Murrey levels, and they narrowed. Nevertheless, meanwhile the price remains within a horizontal channel (3/8 - 5/8). But at the moment, there is already a sign that the price might leave the current outset. The level of (6/8) will work as the target for growth.

Trading solutions: buying from the current position


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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