30 June 2015, EUR/USD
Daily chart: a very strong bounce from the bottom Bollinger band (1.1043). At current price, Euro continues to be in demand.
We also remember about zone 1.1391, where we have a potentially strong offer on sale under the pattern O&U.
Н4: Bollinger envelopes are strictly horizontal ensuring support by the bottom and (1.1060) resistance at the upper (1.1285) bands.
Н1: the same picture, but levels of support/ resistance are shaped better - 1.1094-1.1274.
Expectations: Euro tends to grow to 1.1274, but you can buy only if it drops to 1.1094.
1) Buying from 1.1094 in case of decline to this area. Target - 1.1274 (and 1.1391 in the middle-term run).