The price will enter the overboughtness zone | 09 February 2016
09 February 2016, EUR/USD
Four-hours chart of EUR USD. The pair bounced upwards off the intermediate support level (6/8). The first target at the level of (8/8) has been reached, but there is no strong downward rebound. The priority is a pullback the price down to the area of the four-hours line of SuperTrend and resumed upward movement targeting the level of (+1/8).
Trading solutions: purchase from the four-hours 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.
