FreshForex - Analytics


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We shall determine the sale point for today

Daily chart: the broken bottom Bollinger envelope, so we can expect continued drop of the pair after upward correction. Potential of such correction is limited by the middle Bollinger band (1.4687)

Н4: much more localized resistance from the middle Bollinger band (1.4377). Support is at 1.4253.

Н1: another barrier is represented by the middle band - 1.4293. But probably we'll see touch of 1.4377.

Expectations: rise to 1.4377 and then fall to 1.4216

Trading solutions: sales from 1.4377 to 1.4216

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