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We buy from 1.0852 to 1.1000

01 June 2015, EUR/USD

Daily chart: bulls did not avail from the chance to correct the price to the area of start O&U (1.1390) and now everything points out to approach to the bottom Bollinger band (1.0764)

We buy from 1.0852 to 1.1000

Н4: flat channel 1.0852-1.1000 with weak ADX means that the price is not ready to leave current range.

We buy from 1.0852 to 1.1000

Н1: there is some pressure to get down, so we are considering purhase in the area 1.0852.

We buy from 1.0852 to 1.1000

Expectations: Decline to 1.0852 will be followed by growth to 1.1000.

Trading decisions:

1) We shall buy from 1.0852 to 1.1000.

Aleksey Panasenko
FreshForex Analyst
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