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Neither party has enough potential for decisive actions

Neither party has enough potential for decisive actions | 13 April 2016

13 April 2016, EUR/USD

The Four-hours chart of EUR USD. The price has made another attempt to continue moving upwards. Close the level (6/8), the pair met very strong resistance and has bounced down. At the moment the situation is very uncertain. On the one hand, we see numerous unsuccessful attempts of buyers to continue to move upward. On the other hand, bears are unable to force down support and consolidate below the four-hours line of SuperTrend. Trading solutions: no

Nikolay Krishtopov
FreshForex Analyst
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