FreshForex - Analytics

    FreshForex

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    Purchases from the zone 1.09

    Daily chart: on the background of horizontally based Bollinger envelopes and Friday IB, the price may touch the upper band (1.1039) and a subsequent downward correction is anticipated.

    Н4: local resistance 1.0958 (Upper Bollinger Band), but ADX reached trend values and ​​therefore an upward breakthrough to 1.1039 and downward rollback down to the middle band(1.0833) are equally probable.

    Н1: breakout of the upper envelope. We expect touch of 1.0893, whereupon we shall buy to 1.1039

    Expectations: a downward rollback to 1.0893 zone and then rise to 1.1039

    Trading solutions: purchase from 1.09 zone to 1.1039


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