Correction and down thend | 01 February 2016
01 February 2016, EUR/USD
4-hourly chart EURUSD. The pair went down pretty much not reaching the strongest level of the system. At the moment the price stopped near the reversal level (1/8), but it is too early to wait for the price reverse up as there is no evidence for the price fixing above the level (2/8). So the main scenario is the scenario with a correctional growth and renew downward movement with the next target on the main support level (0/8). Trading solutions: sales from the supertrand band.
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.
