Expecting the price at (5/8) | 15 September 2016

15 September 2016, EUR/USD

EUR/USD: we are expecting price on level (5/8)

The four-hours chart EURUSD. Chart hasn’t important changes in the last day. Pair is continuing consolidation into narrow flat corridor near (4/8) level. Price has tried to go through upper limit but it hasn’t succeeded. Bulls are holding price in the upper part of flat corridor so the main possibility is a pair growth. The nearest aim locates on (5/8) level, so it is big possibility of continuing flat movement in more wide range (3/8 – 5/8).

Trading decisions: hold deals on buy. Goal is on the level 1.1292 (5/8)


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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