08 July 2015, EUR/USD
Daily chart the chart is still heading for South, but we also keep our pending short positions on 1.1386.
Н4: clearly expressed convergence of oscillator allows to expect start of ascending correction. Local resistance at 1.1138 can bring Euro down by 100 points again, whereupon we can watch closer to purchases.
Н1: так же convergence saying about bulls is also present. Support is at the middle Bollinger band (1.0983). Resistance 1.1039.
Expectations: hitting 1.1039 - decline to 1.0983 – growth to 1.1138.
1) purchases from 1.0983 to 1.1138 and to 1.1386 in the middle run.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us