FreshForex - Analytics

    FreshForex

    627.75 7.75/10
    65% of positive reviews
    Real

    We are looking for sales point to 1.1207

    Daily chart: flat tendency to the middle Bollinger band (1.1361) is on. The price may get both to the upper band (1.1522) and to the bottom one (1.1207). Taking into account yesterday inside bearish bar, southern scenario will prevail

    We are looking for sales point to 1.1207

    Н4: a very active trend ADX anticipates attack of the support 1.1350 (the bottom Bollinger band) targeting 1.1207.

    We are looking for sales point to 1.1207

    Н1: Local support is at 1.1355, creating a dense zone 1.1350-1.1355. The price can rebound to the middle Bollinger band (1.1381), where the most promising downward entry points will be found.

    We are looking for sales point to 1.1207

    Expectations: The main scenario - decline to 1.1350, then a pullback to 1.1381 followed by beginning of an intense decline towards 1.1207 (extraday)

    The alternative scenario - breakout below 1.1350 will enable a direct decline to 1.1207

    Trading solutions: sell on pullbacks from 1.1381 to 1.1207


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree