Expecting the price at (3/8) | 27 September 2016
27 September 2016, EUR/USD
The four-hours chart EURUSD. After long consolidation pair has broken through the main support/resistance level (4/8). But now we have possibility of further price moving into the range of horizontal corridor (3/8 – 5/8), earlier price has bounced from upper and bottom limits of corridor ignoring level (4/8). We are observe possibility with price decrease as a main possibility into the limits of this script. The aim is bottom limits of corridor (3/8). This possibility would be canceled if price breaks through level (5/8).
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.
