Meanwhile bears are indecisive | 04 April 2016

04 April 2016, EUR/USD

Four-hours chart of EUR USD. The target (6/8) has not been reached. Nevertheless, bears also have not yet shown anything that would make us sympathize them. The pair continues to be held above the four-hours SuperTrend line that works only along the trend movement, no key support is not broken, so far I am more impressed with bulls. Main option is growth of the pair. The only question is where we start, because the price can continue growing from the current position both after a pullback and retest of the four-hours SuperTrend line

Trading solutions: Buy 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.
Nikolay Krishtopov
FreshForex Analyst
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