A new descending wave | 08 December 2015
08 December 2015, EUR/USD
The four-hours chart of EUR USD. The target on the four-hours SuperTrend line was reached, and the pair resumed its upward movement. However, at this point, the upward movement does not have a great potential for development. From resistance to the line Day SuperTrend line we can expect a new descending wave with the first target located at the level of (0/8).
Solutions for trading: sale from the Day 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.
