Forexpamm

EUR / USD: Currency pair in oversold

Four-hour EUR / USD Couple Schedule. The currency pair could not pierce the resistance on the line of the four-hour superdrend and continued to move down. The price very easily struck the main level of support (0/8), which indicates that the next goal is to reduce 1.1200 (-1/8). After testing this level, it is possible to wait for the development of a sliding movement by 1.1230 (8/8). Trade Solution: SELL 1.1230 Take Profit 1.1169