FreshForex - Analytics

    FreshForex

    615.75 7.75/10
    65% of positive reviews
    Real

    Sell to 112.21

    Daily chart: the pair decreases whereas Bollinger envelops expand. It is possibility to achieve bottom (111.88)

    Н4: localizing support is on 112.21 (bottom Bollinger line).

    Н1: bottom envelope could be broken through! If the price goes this way we will sell from middle line (113.91) to 112.21.

    Expectation: break throw bottom Bollinger envelop on Н1, then pullback to 113.91 and the main decrease to 112.21

    Trading decisions: sell from 113.91 to 112.21


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