Analysis for June 28th, 2016 EUR/USD

Analysis for June 28th, 2016 EUR/USD.

The Eurodollar remains being corrected at the bottom of the H4 chart below Super Trends. Analysis for June 28th If the price stays below the 1/8 level throughout the day, the market might continue falling towards the -2/8 one.

The lines at the H4 and H1 charts ar fully the same. At the instant, the price is moving between Super Trends. If later the pair is ready to stay below them, it should start a brand new descending movement. in case the market breaks the -2/8 level, the lines on the chart are going to be redrawn.

Source: Roboforex.

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