FreshForex - Analytics

    FreshForex

    614.75 7.75/10
    65% of positive reviews
    Real

    Drop to 1.1142

    Daily chart: despite high volatility, the pair retains a horizontal range of 1.1072-1.1383, and taking into account lack ADX's activity, we can not yet rely on trend's distribution

    Drop to 1.1142

    Н4: the same flat and better shaped corridor within the Bollinger envelopes 1.1174-1.1310.

    Drop to 1.1142

    Н1: On the local level the pair is under the strong resistance area 1.1210-1.1253. We expect it to fall to the bottom band (1.1142)

    Drop to 1.1142

    Expectations: decline towards 1.1142

    Trading solutions: sales to 1.1142.


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