Decline | 16 December 2015

16 December 2015, EUR/USD

Decline

The four-hours chart of EUR USD. The pair returned to the level of 1.0986 (2/8), and is now trying to gain a foothold at this level, paving the way for a further drop. The first goal for decline is the main support level of 1.0742 (0/8). Therefore, this option will be canceled in case of consolidation of the price above the level (2/8).

Trading Solutions: keep yesterday's sale

Nikolay Krishtopov
FreshForex Analyst
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