FreshForex - Analytics

    FreshForex

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    Looking for buying options around 113.03-113.20

    Daily chart: meanwhile Bollinger envelopes maintained horizontal status (which enhances resistance at the upper band, 114.48). But so far we record growing ADX, that, in turn, suggests accumulation of northern pressure.

    Н4: local support is located at 113.03 (middle Bollinger band), resistance - at the upper band (113.71).

    Н1: a local flat corridor 113.20-113.67, inside which the pair can be taded for some time .

    Expectations: trading inside 113.20-113.67 i and then surge to 114.00 and 114.48 (with a possible transfer of targets to the next day)

    Trading solutions: we are looking for buying options around 113.03-113.20


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