FreshForex - Analytics


    651.25 7.75/10
    60% 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

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