FreshForex - Analytics

    FreshForex

    627.75 7.75/10
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    Real

    Decline will continue

    Daily chart: apparently, the pair aims to hit the middle Bollinger band (1.4366). So far, there are no visual or indicator signs that bears will not cope with this task

    Decline will continue

    Н4: it is a southern pressure, but without much zeal from ADX. Interim support is at 1.4430 (the bottom Bollinger band).

    Decline will continue

    Н1: Н1 has a horizontal flat corridor 1.4476-1.4524. In view of corrective ADX this scenario will work.

    Decline will continue

    Expectations: The main scenario - flat 1.4476-1.4524

    The alternative scenario - drop to 1.4430 and maybe toward 1.4366

    Trading solutions: sale from 1.4524 to 1.4430 and 1.4366


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