Decline | 19 January 2016

19 January 2016, EUR/USD

Decline

The four-hours chart of EUR USD. During the last day, no significant changes took place on the chart. Therefore, the major option is drop of the pair. Its main target is the level of support (0/8). Further confirmation of this scenario will be the breakdown of the four-hours line of Supertrend from top to bottom.

Trading Solution: 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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