FreshForex - Analytics


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    100-pips potential in 1.4176 zone

    Daily chart: bullish convergence of oscillator gives possibility to have correction in the direction of the upper Bollinger line (1.4714).

    Н4: locally pair is in the range of the upper Bollinger envelope (1.4075-1.4272)

    Н1: support is more localize on 1.4176 level (middle Bollinger line).

    Expectation: pullback to 1.4176 and then growth to 1.4272

    Trading decisions: buy from 1.4176 to 1.4272

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