The initiative belongs to sellers | 10 May 2016
10 May 2016, EUR/USD
The four-hours chart of EURUSD. Bears continue to push the price down slowly but surely. There is no strong opposition from bulls. The nearest intraday target for drop is (2/8). The medium-term goal is the main support level (0/8). Resumption of growth should be considered only if the price consolidates above the four-hours-Supertrend Line. Trading solutions: Looking for Sell options 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.
