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Today's range 1.09-1.0952

02 June 2015, EUR/USD

Daily chart: Meanwhile Bollinger envelopes keep Southern orientation, so it is too early to think about purchases expecting to get an entrance point based on the pattern O&U (1.1390). A sluggish parameter of ADX indicate that bearish potential does not belong to trend.

Today's range 1.09-1.0952

Н4: a horizontal flat channel 1.0892-1.0987

Today's range 1.09-1.0952

Н1: a little better shaped flat range - 1.09-1.0952

Today's range 1.09-1.0952

Expectations: flat within the channel 1.0900-1.0952

Trading decisions:

1) Scalping within the channel 1.09-1.0952, either "Fence".

Aleksey Panasenko
FreshForex Analyst
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