Trading Conditions
Products
Tools
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1471. Anyway, according to the H4 time – frame, I found the potential reversal zone around the level of 1.1465. I found the up-thrust (reversal bar) and price failed to test the resistance at 1.1500, which is a sign of weakness. The upward channel is active and my advice is to watch for a breakout of the upward channel to confirm a further downward movement. The downward target is set at the price of 1.1220,
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.