Bulls are losing initiative | 15 March 2016

15 March 2016, EUR/USD

The four-hours chart EURUSD. Yesterday Bulls had defeated missing the four-hours Supertrand line was broken through. Rising dynamic is lost and further pair growth is under the question. Bulls has possibility to consolidate above the four-hours Supertrand line. But now it is bearish initiative and we are expecting further pair decrease.

Trading decisions: hold on sells


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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