Growth is expected | 03 February 2016

03 February 2016, EUR/USD

Growth is expected

The four-hours chart of EUR USD. The pair is consolidating near the level (6/8). Meanwhile this level was not broken. But since we have not seen a downward bounce of the price from this level, it is most likely that in the near future the price will continue to move upwards. If the price consolidates above the level of (6/8), the main resistance level (8/8) will be next target for growth.

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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