FreshForex - Analytics

    FreshForex

    615.75 7.75/10
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    Real

    Sell to 1.0880

    Daily chart: the tendency of pair decrease are remain in direction of bottom Bollinger line (1.0820) ADX is very active.

    Н4: it is possibility of local trading in the limits of bottom Bollinger Envelope (1.0921-1.1000)

    Н1: the resistance has been achieved on 1.0951 level (middle Bollinger line), it could throw pair to the bottom line (1.0880).

    Expectation:

    main possibility is decreasing from currently levels to 1.0880

    alternative possibility is rise up to 1.1000 level and then decrease to 1.0880 level.

    Trading decisions: sells to 1.0880 level.


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