FreshForex - Analytics

    FreshForex

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    Premarket review on the euro. Analysis of Friday's close

    Daily chart: the trend continues sliding down the euro against the background of bull convergence. As you can see, goal 1.05 (the bottom Bollinger band) is still relevant, from which, with high probability, will be a rebound towards 1.0760 (middle Bollinger Band).

     

    Н4: also converging oscillator and more localized support at 1.0571 (the bottom Bollinger Band). Resistance at 1.0619 (middle band).

    Н1: confirm flat horizontal range1.0571-1.0619

    Expectations: flat 1.0571-1.0619

    solutions: trade in both directions between the flat.


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