Decline | 22 December 2015

22 December 2015, EUR/USD

Decline

The four-hours chart of EURUSD. Resistance on the Weekly SuperTrend line was broken and the pair continued an upward corrective pullback. At the moment, the pair stopped between the levels and, most likely, at the moment we should expect retest level of the (1/8) from the back side. Alternatively, the price will continue to grow from current positions with a view on the level of (6/8).

Trading Solutions: None


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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