An outlook of further growth | 07 September 2016

07 September 2016, EUR/USD

EUR/USD: it is prospect of further growth

The four-hours chart EURUSD. Bulls have good attack using news as a result they could return positions and get new levels. Pair has broken main support/resistance level(4/8) and now is trying to consolidate above it. Breakthrough and further price consolidation above on the even levels open way to the next even level. If the price consolidates above (4/8), price could rise up to the next even level (6/8) in the nearest future.

Trading decisions: no


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.
Nikolay Krishtopov
FreshForex Analyst
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