EUR/USD: a slight rebound is expected
During the last week the price was fallingl rapidly, breaking the strong support at the level of 4/8 (1.1475). Return to STD1, after the next intersection of STD1 with STH4 is a good buying opportunity. Besides, STH4 has changed colour, therefore you can expect growth at least to the level of 4/8. But the option of the possibility of the pattern 6/8 (1.1597) - 2/8 (1.1353) and a further drop to 2/8 is also not excluded. For this, the pair should again go below 3/8.
Buy – 1.1430; sl – 1.1388; tp – 1.1475.