FreshForex - Analytics

    FreshForex

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    All three frames speak for continuation of drop

    Daily chart: expressed bearish pressure. The bottom Bollinger Band accompanies drop and so far the pair has not touched the bottom. Deeper decline.

    Н4: the same situation. Local support at 1.4616 can theoretically cause a little correction for the pair, but on the whole we can not consider such support to be reliable. A deeper breakdown is a much more likely event.

    Н1: and another frame with the downward trend pressure

    Expectations: we expect continuation of drop to 1.4550 and 1.45

    Trading solutions: sale to 1.4550, 1.45


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