21 July 2015, EUR/USD
Daily chart: Euro is still forced down. Currently the target is 1.0789 (the bottom Bollinger band). Somewhere you meet a significant support for a correction and as a result new sales area to move on trend.
Н4: we confirm support at 1.0789. We again remind about a multiple convergence of oscillator, which says about correction. Resistance - 1.0968 (the upper Bollinger band ).
Н1: also bullish convergence. On the local level there is a flat range 1.0812-1.0860, but ADX is close to the area of active actions, so flat is not the main plan.
Expectations: moving down to 1.0789 and upward bounce to 1.0860
1)Purchases from 1.0789 to 1.0860. Downward trend is quite well expressed so, you need to get additional signals from your trading systems to enter upper parts.