FreshForex - Analytics


    626.75 7.75/10
    65% of positive reviews

    Looking to buying around 1.0975

    Daily chart: pair is nearly to approach resistance from middle Bollinger line (1.1085), from this level down bounce is possible.

    Н4: envelope expansion is against weak ADX, so we don't know if 1.1085 level will be reached .

    Н1: locally pair is in the range of upper envelope (1.0975-1.1028)

    Expectation: decrease to 1.0975 and then rise to 1.1028 level

    Trading decisions: buy from 1.0975 to 1.1028

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