FreshForex - Analytics


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    Decline to 1.08

    Daily chart: the pair is still in the mid-range of flat 1.0783-1.0976

    Н4: downward correction towards 1.0851 and 1.0795 (middle and bottom Bollinger band, respectively).

    Н1: active ADX, this may mean local trend of bearish activity. We expect a breakdown of support 1.0861 (the bottom Bollinger band)

    Expectations: the price will fall to 1.08. Sales can be opened after a rollback to 1.0880

    Trading solutions: sales from 1.0880 to 1.08

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