FreshForex - Analytics


    654.25 7.75/10
    60% of positive reviews

    Range from 1.1240 to 1.1335

    Daily chart: we can see rise area for bulls activity to 1.1431.

    Н4: also we can see bear oscillator divergence. The local support is on 1.1190 (middle Bollinger Line).

    Н1: support and resistance levels became more localized 1.12401.1335. ADX is decreasing, so probably pair wouldn’t go upper 1.1335 level.

    Expectation: grow to 1.1335 and then decrease to 1.1240

    Trading decisions:

    sell from 1.1335 to 1.1240

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