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Indicating zone to buy euro

18 June 2015, EUR/USD

Daily chart: target of bulls - the upper Bollinger band (1.1458).

Indicating zone to buy euro

Н4: a technical pullback to the middle Bollinger band (1.1266), from where a new phase of upward movement is supposed to ascending.

Indicating zone to buy euro

Н1: even a better shaped support at 1.1312 (the middle Bollinger band). Target of the intraday growth - 1.1405 (the upper band).

Indicating zone to buy euro

Expectations: so, we are waiting for decline to 1.1312 either to 1.1266, from where you can buy to 1.1405 and 1.1458.

Trading decisions:

1) Buy from the area 1.1266 or 1.1312 to 1.1405 and 1.1458

Aleksey Panasenko
FreshForex Analyst
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