Levels change took place | 02 February 2016

02 February 2016, EUR/USD

Levels change took place

4-hourly chart EUR/USD: On the chart we can see a Murrey levels change that was caused by volatility change on this instrument. They have significantly narrowed. Now the price , passing the main support/resistance level (4/8), goes to the next even level (6/8), from which we can expect the bounce down. Trading solutions: buys from the level of 4-hourly supertrend with the target on the level (6/8).

Nikolay Krishtopov
FreshForex Analyst
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