Forexpamm

EUR/USD: The price is testing a sufficiently strong resistance level

Four -hour EUR/USD schedule. The currency couple yesterday broke through the intermediate level of resistance (2/8) and continued to move up. This is a good bull signal for the medium term, but it is worthwhile to expect the development of sliding movement, since now the price is testing the line of weekly super -trend. This line is capable of exerting a sufficiently strong lowering pressure on the price. Trade solution: Sell 1.0080 Take Profit 0.9980