FreshForex - Analytics

    FreshForex

    614.75 7.75/10
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    We expect growth to 118.72 and then a downward rollback

    Daily chart: we expect strong resistance around the middle Bollinger band (118.72), which can cut off the correctional wave and then bring the pair down again for more than 100 points.

    Н4: in the area of ​​118.27 there is a barrier, because now there is the upper Bollinger band, and growth is not on trending ADX.

    Н1: Here, in turn, ADX has reached the trend value, so here the price may get up to 118.72.

    Expectations: rise to 118.72 and then a downward rollback to 100 points. < / p>

    Trading solutions: 1) Purchases to 118.72 2) Sales from 118.72 to 117.82


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