The pair is trying to gain a foothold above the level of (2/8) | 10 December 2015

10 December 2015, EUR/USD

The pair is trying to gain a foothold above the level of (2/8)

The four-hour chart of EUR USD. The pair broke the level (2/8) upwards. Currently the pair is going through correction. The four-hours Supertrend line performs as support, from which we expect resumption of growth of the pair. Decline would be relevant only if the pair consolidates below the level (2/8).

Trading solutions: purchase from the four-hours Supertrend line with the target at the yesterday's peak.


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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