We are expecting further decrease | 29 February 2016
29 February 2016, EUR/USD
The four-hours chart EURUSD. After long consolidation above (2/8) level pair has broken throw this level. From current position the local price back off to the four-hours Supertrend line is possible. After rising this level we can expecte new decreasing wave. Possibility of pair rising isn’t actual while price is under (2/8) level.
Trading decisions: sell from the four-hours Supertrend line.
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.
