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Waiting when euro in the area 1.1294 and sell

24 June 2015, EUR/USD

Daily chart: strong support in the area of the middle Bollinger band (1.1183) can bounce the pair to the area 1.1345.

Waiting when euro in the area 1.1294 and sell

Н4: a better shaped resistance in the area 1.1294 (the middle Bollinger band ), support 1.1134 (bottom band).

Waiting when euro in the area 1.1294 and sell

Н1: we confirm some local pressure up. Waiting when euro in the area 1.1294 and sell.

Waiting when euro in the area 1.1294 and sell

Expectations: growth to 1.1294 and then decline 1.1134

Trading decisions:

1) Purchase to 1.1294.

2) Sell from 1.1294 to 1.1134.

Aleksey Panasenko
FreshForex Analyst
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