FreshForex - Analytics


    651.25 7.75/10
    60% of positive reviews

    Purchases under the bullish Over&Under

    Daily chart: ADX in the active trend zone, which means that bearish potential remains.

    Н4: a strong support around 100.47 (the lower Bollinger band) - the pair is dropping against the declining oscillator and ADX. This means that sellers do not have the trend component in the movement.

    Н1: the bullish Over&Under with the entry point on support 100.47

    The main scenario - drop to ​​100.47 and then rise to 101.54 and perhaps, 101.93

    The alternative scenario - drop under 100.00

    Trading solutions: put Buy Limit orders from 100.50 to 101.50

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