The pressure remains | 26 September 2016
26 September 2016, EUR/USD
The four-hours chart EURUSD. After little correction pair restarted upwards moving and locates near the support/resistance level 1.1230 (4/8). As we can see pair hasn’t gone through this level. The main possibility is pair decrease. The aim for decrease is 1.1169 (2/8) level, because it is nearest important level which could influence on the price. This possibility would be canceled if pair brakes through and consolidates above 1.1230 (4/8) level.
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.
