FreshForex - Analytics


    622.75 7.75/10
    65% of positive reviews

    Southern dynamics

    Daily chart: a very active ADX is likely to ingore some oversoldness, which will cause a deeper drop to 102.50

    Н4: a similar picture: technical analysis predicts correction, but talking about it is too early, because the ADX is pressing and there are no signs of weakening. A potential "ceiling" of correction is the middle Bollinger band (105.64)

    Н1: consolidation within the bottom envelope (103.30-104.44)

    The main scenario: decline to 103.30 and then an upward bounce The alternative scenario: a deeper decline towards 102.50

    Trading solutions: sale to 103.30 and 102.50

    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