FreshForex - Analytics


611.75 7.75/10
65% of positive reviews

A deeper drop

Daily chart: pair fully justifies the southern expectations and now the main goal is s drop to the lower Bollinger band (1.2767)

Н4:very active ADX, but the price has already obtained a couple of bars outside the envelopes, so it is possible that finally the price will be in the middle Bollinger band (1.3227)

Н1: local support is at the lower Bollinger band - 1.2939. The middle Bollinger band (where the resistance may be concentrated) - 1.3113.

Expectations: The main scenario - correction to 1.3112 and reaching 1.2939 The alternative scenario - a deeper drop to 1.2767

Trading solutions: selling from 1.3112 to 1.2939

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