Forexpamm

EUR/USD: Currency steam is under pressure

Four -hour schedule of the EUR/USD pair. On Friday, the currency pair pierced the lower boundary of the horizontal channel (6/8 – 8/8) and continued to move down. Now the auction is held below the main level of support/resistance, therefore, medium -term as a basic one should consider the script with the further development of downward movement. Trade solution: Sell 1.0620 Take Profit 1.0742