Wait the price to hit level (0/8) | 26 May 2015

26 May 2015, EUR/USD

26 May of 2015, EUR/USD

Wait the price to hit level (0/8)

4 hours’ chart of EURUSD. There was a short consolidation, during which the pair was not even able to overcome the point(2/8) from bottom to top and after that the pair continues its further decline. As we pointed earlier, a middle-term target of decline is the point (0/8). We wait when it will be reached. Resistance shall be represented by 4 hours’ Super trend line.

Nikolay Krishtopov
FreshForex Analyst
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .