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The price could not pass level (4/8)

The price could not pass level (4/8) | 14 June 2016

14 June 2016, EUR/USD

Four-hours chart of EURUSD. As we expected, the price has bounced off the main level of support and resistance. It is still very early to say about reversal and resumption of the medium-term growth. The best that bulls can do today is touch of 1.1330 and rebound from down. But selling is better not to consider, because, firstly, there is no good entry point, secondly, a local initiative belongs to buyers

Trading solutions: hold Yesterday's buy orders. Stop Loww should moved to breakeven. The goal remains the same - 1.1320. Keeping sales above is not recommended

Nikolay Krishtopov
FreshForex Analyst
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