Forexpamm

EUR/USD: Currency couple can continue moving in the sidewall (3/8 – 5/8)

Four -hour EUR/USD schedule. On Friday, the currency pair tried to overcome the main level of support/resistance (4/8), but met strong resistance on the line of daytime super -trend and resumed the downward movement. Nevertheless, the currency couple retains the chances of resuming the ascending movement while the price is held above the mark (3/8), since in the medium term the price can continue to move in a horizontal channel with borders at levels (3/8) and (5/8). . Trade solution: Buy 0.9960 Take Profit 1.0030