FreshForex - Analytics


    644.75 7.75/10
    65% of positive reviews

    Decline towards 1.5371 is going on

    Decline towards 1.5371 is going on



    Daily chart: An intensive correction towards the middle Bollinger band (1.5371) is going on, from where bulls can probably push off.

    Н4: a local bearish pressure allows to expect that support 1.5371 will be reached.

    Н1: One of the options of intraday scenario is a flat within boundaries of enevelope.

    Expectations: so, main expectation: continuation of decline to 1.5371, but it is possible that the pair will spend the whole day in flat 1.5473-1.5533.

    Trading decisions:

    1) We keep sales open to 1.5371.


    Become our client!

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree