Pullback hadn’t happened so we expect drop | 03 March 2016

03 March 2016, EUR/USD

Pullback hadn’t happened so we expect drop

The four-hours chart EURUSD. We haven’t seen bounce from (1/8) level. Price is located under weekly and four-hours Supertrend lines which are resistance levels now. Price couldn’t break through this level. As a main possibility will be further pair decrease. The next aim is on (0/8) level.

Trading decisions: sell from line of the weekly Supertrend line

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .