Decline | 30 December 2015

30 December 2015, EUR/USD

Decline

The four-hours chart of EUR USD. The pair has bounced off an intermediate level of resistance (2/8). The first target based on the week Supertrend line has not been reached. Therefore, as the main option we consider continuation of the downward movement, and the price will at least reach the nearest support area.

Trading Solutions: we shall hold sales up to the week Supertrend line

Nikolay Krishtopov
FreshForex Analyst
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