Decline | 05 January 2016

05 January 2016, EUR/USD

Decline

The four-hours chart of EUR USD. As we expected, the pair continued downward movement. At the moment, we can anticipate a minor upward corrective pullback to the 4hours line of SuperTrend, from which we expect resumption of the downward movement. The goal is still represented by the support on the main support level (0/8).

Trading solutions: sale from 4hours line of SuperTrend


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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