FreshForex - Analytics

    FreshForex

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    Support is at 117.18

    Daily chart: active ADX. This may indicate a bull trap and another down movement to 117.18 (the bottom Bollinger band)

    Н4: Support is at 117.18, resistance is at 117.94 and 118.77

    Н1: weak ADX. Bears can try an attack the level of 117.94.

    Expectations: decline to 117.18 and then rebound to 117.80

    Trading solutions: purchase from 117.18 to 117.80


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