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Expecting the price on the level (6/8)

Expecting the price on the level (6/8) | 11 April 2016

11 April 2016, EUR/USD

The four-hours chart of EUR USD. On the second try, the pair could not force the four-hours support Supertrend line. Bulls managed to retain this level and now they may build on their success and continue to push the price up. The target is the level (6/8). To make the price drop, bears at least must push and gain a foothold below the four-SuperTrenda. Only in this case we can consider options for the sale

Trading solutions: Buy from the four-hours SuperTrend line with a view on the level of (6/8)

Nikolay Krishtopov
FreshForex Analyst
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