FreshForex - Analytics

    FreshForex

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    Correction to 1.54 is possible

    The daily chart: Bears are forcing new lows, which is related to active ADX.

    Correction to 1.54 is possible

    Н4: locally very passive status of ADX, therefore, there is a high probability of continuation of the flat within the range of 1.5278-1.5426.

    Correction to 1.54 is possible

    Н1: here ADX in the ceiling, and oscillator shows multiple signs of convergence, so we're waiting for rebound from 1.5269 towards 1.54 (upper Bollinger band).

    Correction to 1.54 is possible

    Expectations: touch of zone 1.5269 and rebound to 1.54.

    solutions:

    1) Buying 1.5269 to 1.54.


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