FreshForex - Analytics

    FreshForex

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    We wait for growth towards 1.5640 and shall sell from there

    Daily chart the pair tends to rise in the area of ​​the upper Bollinger band (1.5735). However, it has a dynamic (descending) character, plus H1 gives a purely Southern pattern, so the bulls are expected at a lower part

    We wait for growth towards 1.5640 and shall sell from there

    Н4: strong resistance from 1.5640 (the upper Bollinger Band)

    We wait for growth towards 1.5640 and shall sell from there

    Н1: Weak ADX makes us believe in strength of resistance around 1.5593-1.5600 area. However, after that we will wait when the price works on 1.5640

    We wait for growth towards 1.5640 and shall sell from there

    Expectations: 1) Growth to 1.56 and then a roll back to 1.5555 and rising to 5640 . 2) Direct growth to 1.5640 (in case of a break above 1.56)

    Trading solutions:

    1) Keep Buy trades to 1.5640

    2) We shall put Sell Limit orders to sell from 1.5640.


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