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Pair couldn’t consolidate above (2/8)

Pair couldn’t consolidate above (2/8) | 10 March 2016

10 March 2016, EUR/USD

Pair couldn’t consolidate above (2/8) level

The four-hours chart of EURUSD. Pair is consolidating on (2/8) level. As a main possibility we are considering possibility with pair decrease. The first aim for decreasing is the weekly Supertrend line. This possibility will be canceled if the maximum of last week will be renew in 1.1050 zone.

Trading decisions: no

Pair couldn’t consolidate above (2/8) level

The four-hours chart EURUSD. Pair is consolidating on (2/8) level. As a main possibility we are considering possibility with pair decrease. The first aim for decreasing is the weekly Supertrend line. This possibility will be canceled if the maximum of last week will be renew in 1.1050 zone.

Trading decisions: no

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Nikolay Krishtopov
FreshForex Analyst
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