Retest in the area of Supertrends' clusters | 14 January 2016
14 January 2016, EUR/USD
The four-hours chart of EUR USD. The pair did not get below and reversed up between the levels (0/8) and (1/8). Currently the pair is again testing the area of SuperTrend lines clusters. Most likely that after a short pullback the pair will continue moving up. Therefore, an alternative option is a rebound from the congestion area of SuperTrends and resumptio of the downward movement.
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.
