Will bulls surprise us? | 21 April 2016
21 April 2016, EUR/USD
The four-hours chart of EUR USD. The expected pullback took place yesterday. We see the price on the day SuperTrend line, where buyers are expected to seize the initiative. This goal for growth is still the level (6/8). To make the price drop, first bears need to lower the support not only to the Day line of SuperTrend, but to the main level of support and resistance (4/8). Our today's expectations of growth will be canceled in case of breakdown of support at the Day line of SuperTrend
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.
