FreshForex - Analytics


    624.75 7.75/10
    65% of positive reviews

    Buy euro

    Day chart: ADX shows a potential, and Bollinger envelopes range is still stable (1.0775-1.0963). There will be an upper breakthrough, I guess.

    H4: ADX is in trend now, and there is a strong resistance zone further (1.0953-1.0963), but on this ADX indicators this zone will be broken (one or two days)

    H1: this rage is narrowing now. Local resistance is situated at 1.0913. If this resistance is broken, there will be a growth to 1.0963.

    Expectations: breakthrough upper 1.0913 and growth to 1.0963 and maybe to 1.10 Trading solutions: long positions to 1.0963

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