FreshForex - Analytics


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    Flat day

    Daily chart: the price is accumulating trend bearish potential but so far ADX has not shown enough activity, so we expect a pullback to the middle Bollinger band (112.79) before the main phase of drop of the pair

    Н4: a more localized resistance from the middle Bollinger band (112.04), support is at 111.14 (the bottom band).

    Н1: flat horizontal range 111.14-111.73. ADX is passive, so we are based on such a scenario

    Flat day

    Expectations: flat 111.14-111.73

    Trading solutions: we are looking for sale opportunities around ​​111.73-112.04

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