The price failed to gain a foothold above the level of (2/8) | 11 December 2015

11 December 2015, EUR/USD

The price failed to gain a foothold above the level of (2/8)

The four-hours chart of EUR USD. The pair failed to consolidate above the 1.0986 level (2/8). The pair returned to this level and now we can expect a further drop of the price to the level of 1.0986 (2/8). This option will be canceled in case of return of the price and its consolidation above the level of 1.0986 (2/8).

Trading solutions: no


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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